Tuesday saw a 2.5% decline in Tata Motors shares to a day’s low of Rs 960 following reports that 1.9 crore of the company’s shares were exchanged in a block trade during an early intraday session. At Rs 970 per share, the deal size amounts to around 0.4% of the company’s total stock. This implies a total transaction value of Rs 1,758 crore.
Tata Motors’ promoters remained well-positioned at the end of the June quarter, with a 41.86% share in the business.
Tata Motors slashed prices on its well-known vehicles and SUVs by up to Rs 2.05 lakh as part of the “Festival of Cars.” Punch.ev is available for discounts of up to Rs 1.20 lakh, while Nexon.ev experienced price reductions of up to Rs 3 lakh. Tiago was now available for Rs 40,000 less. Tata Motors is providing free six-month charging at more than 5,500 Tata Power charge stations throughout India in addition to these reductions.
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2024, IIFL Securities Ltd. All Rights Reserved
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
Invest wise with Expert advice
