
Tata Motors rides on Agratas to fulfil EV aspirations
Gujarat gigafactory will ensure 'political de-risking' and control of the whole supply chain, says Tata Motors
Gujarat gigafactory will ensure 'political de-risking' and control of the whole supply chain, says Tata Motors
Shares of Tata Motors rose 2% in intraday trade on Monday to hit their 52-week high of ₹548.65 apiece on the BSE.
The proposed gigafactory will be set up with an initial investment of around ₹13,000 crore
Maruti Suzuki, the country's largest carmaker, reported a 10.3% year-on-year (YoY) surge in its sales to 1,78,083 units as against 1,61,413 units in the same period last year.
Tata Motors swung into profit in Q4 at ₹5,407.79 cr against a net loss of ₹1,032.84 crore in the year-ago period. Its revenue jumped 35.1% YoY
Tata Motors revenue jumped 35% year-on-year to ₹1.05 lakh crore in Q4.
Hero MotoCorp was the top laggard on the BSE auto index, falling as much as 3.3% to ₹2,470.60 on weak monthly sales in April.
Maruti's overall sales surge 6.5%, Tata Motor’s overall sales dip 3.9%; Hyundai and Kia report 3.5% and 22% YoY growth, respectively
The U.K-based luxury car maker will start to invite applications for client orders for the modern luxury all-electric Range Rover later this year.
This is the third time in three months that Tata Motors has hiked the prices of its vehicles