Jan 11, 2013, 05.45 PM IST | Source: Reuters

Tata Motors enters Rs 100K-cr club as shares surge

Tata Motors market cap crossed the Rs 100,000 crore joining what is now a 14-member club that also includes Reliance Industries, ONGC and Tata Consultancy Services.

Tata Motors enters Rs 100K-cr club as shares surge

Tata Motors market cap crossed the Rs 100,000 crore joining what is now a 14-member club that also includes Reliance Industries, ONGC and Tata Consultancy Services.

Tata Motors shares have hit a record high this year after surging 4.7 percent as of Wednesday's close, adding to its 75 percent gain in 2012.

Signs of improving sales at its unlisted unit Jaguar Land Rover and the improving economic outlook in its key China market have bolstered the auto maker's shares, analysts said.

The Rs 100,000 crore market cap includes differential voting rights and common shares.

Tata Motors shares are up 1.8 percent as of 2:42 p.m..

Tata Motors stock price

On April 17, 2014, Tata Motors closed at Rs 428.65, up Rs 17.45, or 4.24 percent. The 52-week high of the share was Rs 437.70 and the 52-week low was Rs 263.10.


The company's trailing 12-month (TTM) EPS was at Rs 2.61 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 164.23. The latest book value of the company is Rs 59.47 per share. At current value, the price-to-book value of the company is 7.21.

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