Previous close | 25.88 |
Open | 26.08 |
Bid | 26.24 x 900 |
Ask | 26.79 x 900 |
Day's range | 26.08 - 26.72 |
52-week range | 18.48 - 35.38 |
Volume | |
Avg. volume | 764,303 |
Market cap | 20.425B |
Beta (5Y monthly) | 2.08 |
PE ratio (TTM) | N/A |
EPS (TTM) | -1.91 |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 14 Jul 2016 |
1y target est | 33.10 |
Tata Motors (TTM) is set to take over Ford's (F) manufacturing unit in Gujarat. The deal would provide a boost to Tata Motors' passenger and EV production capacity.
BENGALURU (Reuters) -Indian automaker Tata Motors Ltd has signed an agreement to potentially buy a Ford Motor manufacturing facility in the western state of Gujarat as it looks to ramp up its production of electric vehicles. The owner of Jaguar Land Rover already dominates India's fledgling electric car market, which the government is trying to grow by offering companies billions of dollars in incentives. Tata said it would invest in new machinery and equipment at the plant through its electric mobility unit and expects the facility to have a production capacity of 300,000 units each year after the works complete.
Luxury watchmakers, both big and small, are teaming up with high-end automakers.