JLR launches locally produced Jaguar XJ at Rs 92.1 lakh

The diesel powered luxury saloon, which is being manufactured at the company' Pune plant, will be available in two variants- premium luxury and portfolio.

Tata Motors -owned Jaguar Land Rover today launched locally manufactured Jaguar XJ 3.0L in the country, with price starting at Rs 92.1 lakh (ex-showroom Mumbai).

The diesel powered luxury saloon, which is being manufactured at the company' Pune plant, will be available in two variants---premium luxury and portfolio.

"We are delighted to introduce the flagship of the Jaguar brand, the epitome of extraordinary luxury, the XJ as locally manufactured, at an extremely competitive price point in the luxury saloon segment in India," Jaguar Land Rover (JLR) India Vice President Rohit Suri said in a statement.

Also read: Jaguar Land Rover global sales up 30% in April

The new 2014 XJ with new innovative features is bound to have an enhanced appeal for the discerning and successful individuals, he added.

The vehicle comes with various luxury features including rear seat comfort pack with three massage seat functions, increased rear headroom, electric rear side window blinds and LED reading lights.

Tata Motors stock price

On May 16, 2014, Tata Motors closed at Rs 451.00, up Rs 11.70, or 2.66 percent. The 52-week high of the share was Rs 464.20 and the 52-week low was Rs 263.10.

The company's trailing 12-month (TTM) EPS was at Rs 2.61 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 172.8. The latest book value of the company is Rs 59.47 per share. At current value, the price-to-book value of the company is 7.58.

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