10 May 2025

Tata Motors Shares Jump Over 3% as Company Launches New Vehicle Scrapping Facility in Kolkata

Tata Motors is currently trading at RS. 706.50, rising by 24.60 points or 3.61% from its previous close of RS. 681.90 on the BSE.

The stock opened at RS. 662.60 and registered a high of RS. 709.00 and a low of RS. 662.60. So far, 21,94,837 shares have changed hands on the counter.

A BSE group 'A' stock with a face value of RS. 2, Tata Motors touched a 52-week high of RS. 1179.05 on July 30, 2024, and a 52-week low of RS. 542.55 on April 7, 2025. Over the past week, the stock traded between RS. 710.85 and RS. 639.95. The current market capitalization of the company stands at RS. 2,59,682.34 crore.

Promoters hold 42.58% of the company’s shares, while institutional and non-institutional investors hold 35.04% and 22.39% respectively.

In a significant development, Tata Motors has launched a new Registered Vehicle Scrapping Facility (RVSF) in Kolkata. This is the company’s eighth RVSF in India, under the brand name ‘Re.Wi.Re – Recycle with Respect’. The advanced facility is capable of dismantling up to 21,000 end-of-life vehicles annually. Operated by Tata Motors’ partner Selladale Synergies India, the facility supports the scrapping of vehicles across all brands, including passenger vehicles, commercial vehicles, two-wheelers, and three-wheelers.

The Re.Wi.Re centers are fully digital and paperless, with specialized dismantling lines for different vehicle categories and dedicated stations for the safe removal of tyres, batteries, oils, fuels, and gases.

Tata Motors is India's largest automobile manufacturer, with global operations through subsidiaries and associates in the UK, South Korea, Thailand, South Africa, and Indonesia — including the iconic Jaguar Land Rover brands.