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 Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
Tata Sons Private Limited	2954293	2/11/2019 to 2/11/2019	987481852 (33.61%)	990436145 (33.71%)
Tata Sons Private Limited	1592251	2/12/2019 to 2/12/2019	990436145 (33.71%)	992028396 (33.76%)
Tata Sons Private Limited	3060478	2/13/2019 to 2/13/2019	992028396 (33.76%)	995088874 (33.87%)
Tata Sons Private Limited	4207930	2/15/2019 to 2/15/2019	995088874 (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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