Tata Motors up 3.55% on price hike buzz
By IRIS
05th March 2013 11:18 AM
Tata Motors, India's largest automobile
company, surged on Tuesday after media reports said, the company
has increased the prices of its utility vehicle portfolio,
comprising Sumo, Safari and Aria, by up to Rs 35,000, the excise
duty hike in the Budget.
Shares ofthe companyare trading at Rs
300.10, up Rs 10.3, or 3.55% at the Bombay Stock Exchange (BSE) on
Tuesday at 10:35 a.m.The scrip has touched an intra-day high of Rs
300.90 and low of Rs 290. The total volume of shares traded at the
BSE is 291,895.In the earlier session, the shares rose 0.4%, or Rs
1.15, at Rs 289.80. Currently, the stock is trading down 10.96%
from its 52-week high of Rs 337.05 and above 47.87% over the
52-week low of Rs 202.95.
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