Tata Motors falls on concerns of duty hike on diesel cars

India's largest automobile company, Tata Motors fell nearly 2% on Wednesdayon concerns of excise duty hike on diesel vehicles and large cars in the Budget announcement due on Thursday. Shares ofthe companyare trading at Rs 284, down Rs 5.2, or 1.80% at the Bombay Stock Exchange (BSE) on Wednesday at 12:12 p.m.The scrip has touched an intra-day high of Rs 291.55 and low of Rs 281.55. The total volume of shares traded at the BSE is 349,181.In the earlier session, the shares declined 3.29%, or Rs 9.85, at Rs 289.20. Currently, the stock is trading down 15.74% from its 52-week high of Rs 337.05 and above 39.94% over the 52-week low of Rs 202.95.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 303.95 (14.75) (4.85) 1 Month 308.55 (19.35) (6.27) 3 Months 278.25 10.95 3.94 6 Months 233.75 55.45 23.72 1 Year 272.65 16.55 6.07 Note: Based on previous day closing price.