Tata says the move was taken after the company received benefits from additional locations, government initiatives, and production efficiency
If MG Motor achieves the sales volume target, it would become the second-largest player in the segment with a market share of 20-24 per cent
Analysts, however, believe investors may adopt 'buy on dips' strategy for the pack as overall sales growth is expected to remain steady going forward
Shares of Tata Motors surged 7 per cent in Tuesday's intra-day trade to hit a high of Rs 417.7 apiece
The company owned by Tata Motors said that it reflects gradual improvement in chip supplies
In December 2022, most automobile shares flaunted negative returns, with Tata Motors leading the pack, followed by Eicher Motors and Maruti Suzuki
Stocks to watch today: Tata Motors reported 10 per cent YoY increase in domestic December sales at 72,997 units as against 66,307 units sold last year
All eligible employees of Ford India's vehicle making plant have been offered jobs at TPEML on terms, conditions and benefits of service similar to those currently availed by them
Stocks to Watch Today: Balrampur Chini, BHEL, Delta Corp, GNFC, Indiabulls Housing Finance, IRCTC and PNB are the seven stocks in F&O ban period on Monday.
The offering could be Tata group's first since listing of TCS in 2004
At 10:35 AM; Nifty Bank, Nifty Financial Services, Nifty PSU Bank and Nifty Private Bank indices were up in the range of 0.10% to 0.90%; while Nifty Auto and Nifty Realty indices slipped up to 0.2%.
Automobile stocks like Tata Motor, M&M, HeroMoto Corp, and TVS motors need to cross significant hurdle to rally further
Stocks to Watch Today: Read analysis on why value investors could be seen taking selective punts on IT stocks in the near future.
With in the Tata Group space, except for Indian Hotels, others like TCS, Tata Motors, Trent and Tata Coffee seem poised for a buoyant rally in the near term.
Analysts see the renewable energy sector as a long-term structural play given the growing climate awareness and the government's efforts towards adoption of green energy sources
Change effective from Dec 19, but adjustment will take place on Dec 16. After DRL's deletion, Sun Pharma will be the only healthcare stock in the index
Tata Motors on Thursday said it has bagged an order for 1,000 buses from Haryana Roadways. The auto major said it will supply 52-seater fully built BS VI diesel buses in a phased manner, as per the contract. "The delivery of these buses will further fortify our partnership with the Haryana government and help in offering modern public transport to the citizens of the state. We are committed towards modernising public transportation in India," Tata Motors Vice President (Product Line Buses) Rohit Srivastava said in a statement. Haryana Transport Department principal secretary Navdeep Singh Virk said the buses will provide benefits to all stakeholders alike, and offer unmatched comfort to the passengers. "The induction of the new buses will help in making inter-state public transport even more efficient, allowing smooth commute across the state of Haryana," he added.
The company has appointed Adrian Mardell (acting CFO), who has been witn the company for the past 32 years, as the interim CEO
Bollore's sudden resignation after a two-year stint comes at a time when the UK arm is battling various headwinds including chip semiconductor even as the order book remains strong
Stocks to Watch Today: Bikai Foods, Global Health (Medanta) set for market debut today. Meanwhile, in the F&O segment, BHEL, Delta Corp, GNFC, PNB and Sun TV were in F&O ban period on Wednesday.