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Tata Sons increases stake in Tata Motors Ltd through market purchase



Posted On : 2019-02-18 22:22:32( TIMEZONE : IST )

Tata Sons increases stake in Tata Motors Ltd through market purchase

TATA MOTORS LTD.'s Promoter, Tata Sons Private Limited has purchased 11814952 equity shares of the company through Market Purchase in NSE. The shares were bought for a total amount of Rs. 1832000000.

With this acquisition, the shareholding of Tata Sons Private Limited has increased from 987481852 (33.61%) to 999296804 (34.01%). The shares were acquired during the period 2/11/2019 to 2/15/2019.

Promoter EntityShares Acquired / SoldDate / PeriodHolding - Pre TransactionHolding - Post Transaction
Tata Sons Private Limited29542932/11/2019 to 2/11/2019987481852 (33.61%)990436145 (33.71%)
Tata Sons Private Limited15922512/12/2019 to 2/12/2019990436145 (33.71%)992028396 (33.76%)
Tata Sons Private Limited30604782/13/2019 to 2/13/2019992028396 (33.76%)995088874 (33.87%)
Tata Sons Private Limited42079302/15/2019 to 2/15/2019995088874 (33.87%)999296804 (34.01%)

Shares of the company was last trading in BSE at Rs.159.65 as compared to the previous close of Rs. 154.75. The total number of shares traded during the day was 1945041 in over 8871 trades.

The stock hit an intraday high of Rs. 160.95 and intraday low of 153.6. The net turnover during the day was Rs. 305425879.

Source : Equity Bulls

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