Tata Motors Limited
Bank of America bought 7,06,512 shares of Tata Motors Limited for ₹30.95 Cr at ₹438.00 apiece in a block deal.
A flagship Tata Group company, Tata Motors manufactures and sells commercial vehicles across small, medium, and heavy segments for Indian and international markets. The company operates integrated manufacturing facilities and provides a comprehensive range of trucks, buses, and commercial vehicle solutions to diverse customer segments. Its distinctive strength lies in deep market presence, established distribution networks, operational excellence, and a proven track record in the commercial vehicles sector.
US-based global bank and one of the world's largest financial institutions (USD 3+ trillion balance sheet). India FPI activity covers proprietary positions, market-making and client flows in listed Indian equities through BofA Securities and Merrill Lynch entities.