Tata Motors increases passenger vehicle prices by 0.8%

Tata Motors, India's leading vehicle manufacturer has announced that effective 3rd August, it will increase prices of its passenger vehicles, on an average of 0.8%, depending on the variant and model.

Continuing with its commitment towards customers, and acknowledging the faith and confidence they have reposed in Tata Motors' New Forever range, the company will offer protection from the price increase to vehicles that will be retailed on or before 31st August'21. For the wellbeing of its business and supporting ecosystem, Tata Motors had recently announced that it has set in motion a comprehensive 'Business Agility Plan' to protect and serve the interests of its customers, dealers and suppliers.

The price protection is applicable only on vehicles retailed / billed on or before 31st August, 2021.

Shares of Tata Motors Ltd. was last trading in BSE at Rs. 296.8 as compared to the previous close of Rs. 293.95. The total number of shares traded during the day was 883983 in over 15376 trades.

The stock hit an intraday high of Rs. 300.4 and intraday low of 295.55. The net turnover during the day was Rs. 262844030.

Source : Equity Bulls

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