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Tata Sons Pvt Ltd increases stake in Tata Motors Ltd to 34.69% through market purchase



Posted On : 2019-03-02 09:54:22( TIMEZONE : IST )

Tata Sons Pvt Ltd increases stake in Tata Motors Ltd to 34.69% through market purchase

TATA MOTORS LTD.'s Promoter, Tata Sons Private Limited has purchased 10255543 equity shares of the company through Market Purchase in NSE. The shares were bought for a total amount of Rs. 1842000000.

With this acquisition, the shareholding of Tata Sons Private Limited has increased from 1008900980 (34.34%) to 1019156523 (34.69%). The shares were acquired during the period 2/25/2019 to 2/26/2019.

Promoter EntityShares Acquired / SoldDate / PeriodHolding - Pre TransactionHolding - Post Transaction
Tata Sons Private Limited14059302/25/2019 to 2/25/20191008900980 (34.34%)1010306910 (34.39%)
Tata Sons Private Limited3595062/26/2019 to 2/26/20191010306910 (34.39%)1010666416 (34.4%)
Tata Sons Private Limited84901072/26/2019 to 2/26/20191010666416 (34.4%)1019156523 (34.69%)

Shares of the company was last trading in BSE at Rs.180.1 as compared to the previous close of Rs. 177.85. The total number of shares traded during the day was 2069035 in over 10087 trades.

The stock hit an intraday high of Rs. 184 and intraday low of 177.35. The net turnover during the day was Rs. 373674602.

Source : Equity Bulls

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