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Tata Motors buys back bonds worth $ 17mn; stk up

April 15th, 2009

Tata Motors had touched an intraday high of Rs 260.80 and an intraday low of Rs 240.10. At 10:15 am, the share was quoting at Rs 258.80, up Rs 6.60, or 2.62%.

The company’s Nano production has resumed after a temporary halt, reports Sources.

The company has bought back bonds worth USD 17 million at nearly 50% discount, reports CNBC-TV18.

It was trading with volumes of 226,293 shares. On Monday the share closed up 12.01% or Rs 27.05 at Rs 252.20.

Source

rupees News

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