Tata Motors to hike commercial vehicle prices by 3%

On Wednesday, Tata Motors' stocks in focus after the announcement of price hike in its commercial vehicles.

 

Recently, India’s largest commercial vehicle manufacturer, Tata Motors has announced that it will increase prices of its vehicles, effective 1 October 2023, up to 3%. 

 

In a regulatory filing, the company commented on price hike, “this increase is to offset the residual impact of the past input costs and will be applicable across the entire range of commercial vehicles.”

 

On Wednesday, at around 10:40 AM, shares of Tata Motors were trading marginally higher by 0.55% at Rs644.10 per share on the BSE.

Stay informed about Tata Motors market cap to understand its market valuation.

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