Shares of Tata Motors gained 1.9 percent intraday Tuesday after the company with Diesel & Motor Engineering Plc (DIMO) Tata Motors launched its new cars - Zest and Bolt - in the Sri Lankan market.
"Tata Motors are delighted to bring two new exciting products in the Sri Lankan market - the dynamic compact sedan, Zest and the sporty hatchback, Bolt," said Johnny Oommen, Head International Business, Passenger Vehicles, Tata Motors.
These cars represent the new DNA of company's passenger vehicles business, he added.
The cars will be available for sale, across the country in over 37 DIMO sales outlets from today, said the company.
The Zest launched at a starting price of Rs 28,10,000 ex-showroom, Colombo, for the Revotron 1.2T (petrol variant) and starts at Rs 39,00,000 ex-showroom, Colombo, for the diesel AMT variant. The Bolt launched at a starting price of Rs 22,99,000 ex-showroom, Colombo, for the Revotron 1.2T (petrol variant).
The company had launched Zest in India in August 2014 and Bolt in January 2015, under its Horizonext strategy.
At 14:41 hours IST, the scrip of Tata Motors was quoting at Rs 439.25, up Rs 3.55, or 0.81 percent on the BSE.
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