SUV drives PV sales growth to 8.4% in FY24: SIAM
In FY24, the sales of utility vehicles witnessed a growth of 25.8% year-on-year to 25,20,691 units as against 20,03,718 units in FY23.
In FY24, the sales of utility vehicles witnessed a growth of 25.8% year-on-year to 25,20,691 units as against 20,03,718 units in FY23.
Tata Motors has been the top Nifty 50 performer in the last one year, zooming 137% from its 52-week low of ₹400.4 touched on March 28, 2023
The surge is boosted by the launch of new models, continuously improving supply coupled with a healthy booking-to-cancellation ratio, and the wedding season, according to FADA.
Hydrogen-powered trucks and buses could be on roads by 2024
In November, the company held the largest market share of 38.15% in the commercial vehicle segment and sold 30,282 units during the month.
Despite the recent rally, the multibagger stock traded 14.5% lower than its 52-week high of ₹842.8 touched on November 11, 2021.