Tata Motors to increase prices of commercial vehicles from January 2023

Tata Motors, India's largest commercial vehicle manufacturer, will be increasing the prices of its commercial vehicles up to 2% from January 2023. While the price increase will vary as per individual model and variant, it will be applicable across the entire range of commercial vehicles.

The company has been absorbing a significant portion of the increased costs, but the steep rise in overall input costs has compelled it to pass on some proportion through this minimal price hike.

Shares of Tata Motors Limited was last trading in BSE at Rs. 414.10 as compared to the previous close of Rs. 413.35. The total number of shares traded during the day was 551123 in over 17308 trades.

The stock hit an intraday high of Rs. 416.95 and intraday low of 408.00. The net turnover during the day was Rs. 228031190.00.

Source : Equity Bulls

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TataMotors INE155A01022 TTM PriceIncrease CommercialVehicles