
Tata Motors shares hit record high
CLSA upgrades target price of Tata Motors to ₹690 from ₹624 earlier
CLSA upgrades target price of Tata Motors to ₹690 from ₹624 earlier
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.
This is the third time in three months that Tata Motors has hiked the prices of its vehicles
Tata Motors subsidiary TML Smart City will supply, operate and maintain 921 units of 12-metre low-floor electric buses for 12 years.
Tata Motors' revenue surged 29.7% to ₹79,600 cr against ₹61,378.82 cr in year-ago period; to delist its ADS from NYSE after January 2023, terminate ADS program.
Effective November 7, 2022, the weighted average increase will be 0.9%, depending on the variant and model.
XPRES is exclusively for fleet customers and is the first vehicle under the Tata brand. It comes with 2 range options -- 213 km and 165 km and has a battery of 21.5 kWk and 16.5 kWh, respectively.
Tata Motors says despite Covid in China and the semiconductor supply crunch, it expects the company's performance to improve through the year.