Tata Motors Ltd (NYSE:TTM) Shares Sold by Aviva PLC

Tata Motors Ltd (NYSE:TTM) Shares Sold by Aviva PLC

Name of the sellers were unknown.MUMBAI: Tata Sons has offered to buy almost 1.7% of Tata Motors shares worth Rs 2,000 crore on Tuesday at a premium of 4% over Monday's closing price. SG Americas Securities LLC raised its holdings in shares of Tata Motors by 157.8% during the second quarter. Zacks Investment Research upgraded Tata Motors from a "hold" rating to a "buy" rating and set a $35.00 price target for the company in a research report on Friday, August 11th. The promoter of the major Tata group companies has bought shares worth about Rs 1,634 crore in Tata Motors, as per the data available with BSE.

Similarly, TGBL said it has sold 1,04,80,000 equity shares of face value of Rs 10 each of Tata Chemicals Ltd (TCL) constituting 4.11 per cent of the issued capital of TCL to Tata Sons through open market transaction. The stock touched its fresh 52-week high of Rs 218.35 per share, up by more than 2%.

Tata Global Beverages saw volume of 4.4 crore shares, a 68.64-fold rise over two-week average daily volume of 6.42 lakh shares.

Mattis talks up a military option
North Korea has said it needs the capability to strike the US with a nuclear weapon to deter an American invasion. Mattis said the U.S. and Japan did not shoot it down because it did not pose a direct threat to either nation.

Tata Groups' holding company Tata Sons is planning to buy around 1.7 percent of stake in the group's auto wing, Tata Motors.

09/02/2014 - Tata Motors Ltd was upgraded to "buy" by analysts at Jefferies.

As of June 30, the holding company owns 31.6 percent stake in Tata Motors. In December a year ago, the group bought almost 1.02% stake in India's largest fourwheelers company for about '2,430 crore just ahead of the automaker's shareholders meet.

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