Business Desk
Tata Motors Shares Rally After Commercial Vehicle Price Hike Announcement Amid EV Expansion
Tata Motors shares rose 1.67% to Rs 726.50 on Dec 11 after unveiling a 3% price hike for commercial vehicles from Jan 1, 2024.
Source: Tata Motors
The increase aims to offset past input costs, following a government mandate for air-conditioned cabins in new trucks from Oct 1, 2025.
Source: Tata Motors
Tata Motors' stock rebounded from a two-session dip, reflecting investor confidence in strategic decisions amid a broader industry trend.
Source: Tata Motors
The company's proactive approach includes collaborations, such as an MoU with Bharat Petroleum, establishing EV charging stations across India.
Source: Tata Motors
The initiative explores a user-friendly payment system, potentially through a co-branded RFID card, to streamline transactions for Tata EV users.
Source: Tata Motors
Tata Motors maintains a dominant 71% market share in electric passenger vehicles, positioning itself as a market leader with a strategic and innovative approach.
Source: Tata Motors