123Pune.com

Tata Motors Ltd has clarified with reference to the news item appearing in the newspapers on Tata Motor may shut the Company's Plant in Pune from November 22 - 27, 2008, that the Company, in its course of operation, adjusts its production to meet the demand for its products, like working on single shift basis or three shift basis instead of normal / double shift operations as also temporary shut down.

This shut down at Pune would also be one of such measures taken by the Company to avoid unnecessary inventory build up. Further the Company has informed that, the passenger car plant is working in its normal manner.

The stock closed the day at Rs.169.80, up by Rs.10.90 or 6.86%. The stock hit an intraday high of Rs.170.95 and low of Rs.159.35.

The total traded quantity was 810504 compared to 2 week average of 917159.
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