The new Tata Indigo emax price starts at Rs 4.99 lakh and goes upto Rs 5.27 lakh (ex-showroom Delhi), while the new Tata Indica emax is priced between Rs 3.99 lakh and Rs 4.26 lakh (ex-showroom Delhi), the company said in a statement.
The new emax range has CNG and Petrol bi-fuel system options, it added.
Commenting on the launch, Tata Motors Senior vice president, Passenger Vehicle Business Unit (Commercial), Ankush Arora said: "CNG is gaining momentum in the Indian automobile market and we are happy to announce expansion of our CNG portfolio."
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The introduction of the new variants comes as an essential step that underlines the company's commitment to be a sustainable automotive player, he added.
The two new variants have been introduced in six markets across India and will now be available in Delhi, Maharashtra, Gujarat, Uttar Pradesh, Andhra Pradesh and Tripura, the company said.
Tata Motors had showcased its emax range at the 'Horizonext' event, held in Pune, in June 2013, with a commitment to launch its CNG range in a phased manner in FY 14. The Nano emax was the first in the range.
Tata Motors stock price
On November 22, 2013, Tata Motors closed at Rs 373.25, down Rs 9.3, or 2.43 percent. The 52-week high of the share was Rs 400.70 and the 52-week low was Rs 252.10.
The latest book value of the company is Rs 59.47 per share. At current value, the price-to-book value of the company was 6.28.
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