Meanwhile, the S&P BSE Sensex was up 157.39 points or 0.84% at 18,984.55.
On BSE, 42,977 shares were traded in the counter as against average daily volume of 8.23 lakh shares in the past one quarter.
The stock hit a high of Rs 290 and a low of Rs 287.25 so far during the day. The stock had hit a record high of Rs 337.05 on 10 January 2013. The stock had hit a 52-week low of Rs 202.95 on 26 July 2012.
The stock had underperformed the market over the past one month till 13 June 2013, falling 4.92% compared with the Sensex's 4.39% fall. The scrip had also underperformed the market in past one quarter, declining 5.92% as against Sensex's 2.77% fall.
The large-cap company has equity capital of Rs 643.72 crore. Face value per share is Rs 2.
The UK-based subsidiary of Tata Motors, Jaguar Land Rover (JLR), reported 12% rise in sales to 32,477 units in May 2013 over May 2012. JLR sales rose 15% to 176,451 vehicles during the first five months of the year over the previous year. Jaguar sales rose 36% to 6,174 vehicles while Land Rover sales increased 8% to 26,303 vehicles in May 2013 over May 2012.
Tata Motors' consolidated net profit declined 36.7% to Rs 3945.47 crore on 10.2% growth in total income to Rs 56262.82 crore in Q4 March 2013 over Q4 March 2012.
The fall in Tata Motors' bottom line in Q4 March 2013 was due to base effect. Tata Motors had accounted for a large tax credit in Q4 March 2012. Tata Motors' British luxury car unit Jaguar Land Rover (JLR) had accounted for tax credit of 225 million pounds (Rs 1794 crore) in Q4 March 2012 for past income tax losses. Tata Motors' profit before tax (PBT) rose 6.1% to Rs 4694 crore in Q4 March 2013 over Q4 March 2012.
Tata Motors attributed revenue growth to strong demand, growth in volumes and favourable market mix at JLR and favourable operating foreign exchange at the British luxury car unit.
Tata Motors is India's largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, Spain, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British luxucry car brands.
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