On BSE, 0.26 million shares changed hands, while on NSE, 5.39 million shares were traded
The company aims to offset these increased costs through the price adjustment. While the exact price increase will vary based on the specific model and variant
Maruti, Hyundai and Mahindra & Mahindra (M&M) have already announced to increase prices
Uco Bank, Indian Overseas Bank, Central Bank of India, Bank of Baroda, Canara Bank and Union Bank were up in the range of 2 per cent to 2.5 per cent.
The Pune facility's inauguration comes amid a growing focus on organised scrapping solutions in India
As many as 27 out of the Nifty 50 stocks are trading below their respective long-term moving average; analysts see this as an overall weak trend in the market.
Tata Motors is expecting passenger vehicle (PV) retail sales to maintain growth momentum in the ongoing quarter driven by year-end demand, according to a top company executive. As per FADA data, festive demand helped PV retail sales rise 32 per cent year-on-year (YoY) to 4,83,159 units in October. The segment reported a 7 per cent YoY increase to 6,03,009 units during the 42-day festival period this year. In September, PV retail sales had seen a dip of 19 per cent to 2,75,681 units. The Mumbai-based auto major saw its PV volumes decline 6 per cent YoY to 1,30,500 units in the July-September period hit by tepid demand. "In quarter three, we expect retail to be strong, driven by festivities and the year-end demand. Industry wholesale may be lower than retail, so as to reduce the channel inventory ahead of the new calendar year. That is for the industry," Tata Motors Passenger Vehicles MD Shailesh Chandra said in an analyst call. The automaker, on its part, will focus on driving ...
In Jan 2024, the luxury car maker announced its plans to transition to fully electric car line up by 2025
Tata Motors said that it has 'done the maths' on the BaaS model, and is 'unconvinced' about its passenger vehicles
The recovery in the Tata Motors share price despite weak Q2 results, analysts believe, is due to valuation comfort
The stock fell 1.74 per cent on Friday to Rs 805 per share, as the company missed street estimates, which had projected a net profit of around Rs 5,000 crore
Tata Motors on Friday reported a 9.9 per cent drop in consolidated net profit to Rs 3,450 crore for the second quarter ended September 2024. The company had posted a consolidated net profit of Rs 3,832 crore in the same quarter of the last fiscal, Tata Motors said in a regulatory filing. Its consolidated revenue from operations stood at Rs 1,00,534 crore compared to Rs 1,04,444 crore in the year-ago period, it added. Total expenses stood at Rs 97,330 crore against Rs 1,00,649 crore in the same quarter a year ago, the company said.
In the domestic segment, both commercial vehicles (CV) and passenger vehicles (PV) face pressures from lower volumes and rising discounts, particularly impacting the India business
These 7 Nifty 50 stocks are seen trading with an RSI below 30; stocks trading in oversold zone need not necessarily bounce back immediately. Here are the key levels to watch out for.
Jaguar Land Rover on Wednesday said it has launched an initiative in India to work closely with startups for developing the next generation of products and services that will help define the company's future client experiences. The Tata Motors-owned marquee brand has launched the Open Innovation Hub in Bengaluru, building on the success of the company's existing initiatives in the UK, US, Israel, and Brazil. The India hub will focus on deep tech including artificial intelligence, big data and analytics, internet of things, ADAS (Advanced Driver Assistance System) and sensors and devices, Jaguar Land Rover (JLR) said in a statement. "India's rapidly-growing startup sector and JLR's already established presence and close links to the Tata Group make the country the ideal location for the newest innovation hub," JLR's Innovation Director Igor Murakami said. Through global collaborations, the initiative is connecting the automaker to the next generation of talent and technologies, he .
This contract follows a previous order from UPSRTC for 1,350 bus chassis, which are currently operational across Uttar Pradesh
Tata Motors on Monday said it has received an order from the UP State Road Transport Corporation to supply 1,000 units of diesel bus chassis. The company received the order following a competitive e-bidding process, Tata Motors said in a statement. The bus chassis will be supplied in a phased manner as per mutually agreed terms, it added. "The Tata LPO 1618 bus chassis is engineered to deliver robust and reliable mobility with high uptime and low maintenance and operating costs. We look forward to commencing supplies as per the guidance of UPSRTC," Tata Motors Head Commercial Passenger Vehicle Business Anand S said. The latest order follows the successful fulfilment of a similar, larger order of 1,350 bus chassis received last year, which are currently running efficiently by the UPSRTC, the company said.
Jaguar Land Rover on Tuesday said its retail sales rose 36 per cent year-on-year to 3,214 units for the first six months of the current fiscal. The strong sales performance in the April-September period was led by robust offtakes in both first and second quarter, the automaker said in a statement. The robust performance was driven by improved supplies and sustained demand for the Range Rover and Defender models, particularly with the local manufacture of the entire Range Rover portfolio, it added. "FY25 has been a high point for us so far. Our strategic decision to locally manufacture the Range Rover and Range Rover Sport has yielded impressive results, with orders surging by 60 per cent," JLR India Managing Director Rajan Amba said. The Defender's remarkable growth in H1 FY25 is a testament to its ever-increasing popularity, he added. "Our Q2 standalone growth of 41 per cent and highest-ever H1 retail numbers reflect this momentum," Amba said. The automaker remains confident abo
Noel is the half-brother of the late Ratan Tata, and was already a key trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust
Ratan Tata News: Tata Chemicals, Indian Hotels Company, Tejas Networks, Voltas, Tata Elxsi and Tata Consultancy Services (TCS) were up in the range of 1 per cent to 4 per cent