Tata Motors stock up 204 pc in last 36 months
Tata Motors board approved the proposal to demerge the company into two separate listed entities, viz a) CV and its related investments and b) PV, including India PV, EV, JLR, and related investments.
Tata Motors board approved the proposal to demerge the company into two separate listed entities, viz a) CV and its related investments and b) PV, including India PV, EV, JLR, and related investments.
The company remains positive on its three automotive businesses – Jaguar and Land Rover (JLR), Tata Commercial Vehicles, and Tata Passenger Vehicles.
The market construct is favourable for consolidation around current levels and gradual up move, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Market history tells us that sharp up moves in the market happen at unexpected times. It appears that this truism is turning out to be true
Homegrown EV charging and mobility solutions company Magenta Mobility on Monday partnered with Tata Motors to deploy 500 units of the Ace EV for intra-city deliveries.
A special low EMI options scheme will be offered for the first 3-6 months as part of this partnership.
This helped prevent the equivalent of 72,739 metric tons of carbon dioxide (CO2) emissions.
The auto major noted that it would offer protection from the price increase to customers who have booked vehicles on or before May 7.
The company said it will continue to review and plan for the critical raw materials to cater to this volatile demand outlook and work closely with vendor partners to meet the same.
Reports suggest that the TATA sons had released the pledge on March 25 and March 26 in these firms.