Tata Motors share value traded larger on Wednesday forward of the corporate’s board assembly to contemplate fundraising of as much as ₹2,000 crore. Tata Motors shares gained as a lot as 1.34% to ₹688.95 apiece on the BSE.
The board of administrators of auto main Tata Motors is scheduled to fulfill right now, March 19, to contemplate and approve fundraising by the issuance of Non-Convertible Debentures on a non-public placement foundation.
“…in accordance to the approval granted by the Board of Administrators of Tata Motors Restricted (‘the Firm’) at its Conferences held on March 4, 2024 and Could 10, 2024, we hereby want to inform you {that a} Assembly of the duly constituted Committee of the Board of Administrators of the Firm is scheduled to be held on Wednesday, March 19, 2025, inter alia, to contemplate and approve the issuance of Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures on a non-public placement foundation aggregating upto ₹2,000 crore,” Tata Motors mentioned in a regulatory submitting on March 13.
Tata Motors Worth Hike
Tata Motors had on Tuesday introduced a rise in costs of its business automobiles (CV) by as much as 2%, efficient from April 2025.
“Tata Motors, India’s largest business car producer, right now introduced a value improve of as much as 2%, throughout its business car vary, efficient 1st April 2025. The worth improve is to offset the rise in enter prices, and can differ as per particular person mannequin and variant,” Tata Motors mentioned in an announcement on March 17.
Tata Motors’ value hike adopted an identical transfer made by Maruti Suzuki India earlier in the course of the day.
The biggest passenger automobile maker in India, Maruti Suzuki, on Monday introduced a rise in costs of its automobiles by as much as 4% from April 2025, on the again of accelerating enter prices. The worth hike, it mentioned, will differ relying upon the fashions.
Tata Motors Share Worth Development
Tata Motors share value has remained flat prior to now one month, however the auto inventory has declined 9% on a year-to-date (YTD) foundation. Over the previous six months, the Tata Group inventory share value has dropped 30%.
Nonetheless, Tata Motors inventory value has risen 63% in two years, and has delivered multibagger returns of 835% in 5 years.
At 10:25 AM, Tata Motors shares have been buying and selling 0.47% larger at ₹683.00 apiece on the BSE.
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