Tata Motors Ltd Stock News

Sales of passenger vehicles, two-wheelers and three-wheelers continued to remain subdued last month, with chip shortage disrupting output across the local industry and manufacturing hubs. As many as 262,984 units were sold in the passenger vehicle segment in the local market last month, which is a decline of 6.5% over 281,380 units sold in the year-ago period. The fall would have been lower at about 2% if the volumes of Tata Motors - at 39,981 passenger vehicles - were to be included.Tata Motors has stopped reporting sales to industry body Society of Indian Automobile Manufacturers (SIAM) on a monthly basis.Demand remained promising despite the supply shortage, with most carmakers registering healthy bookings. Two-wheeler makers, though, continued to suffer as consumers stayed away from making purchases, especially at the entry-level. Two-wheeler sales dropped 27% to 1,037,994 units in February. While sales of scooters decreased 26% to 344,157 units last month, those of motorcycles fell 28% to 658,009 units in the period under consideration.90159439Apart from limited availability of semi-conductors which disrupted production, increase in vehicle acquisition costs due to implementation of new regulations, high raw material prices and logistics expenses impacted sales in the industry.Rajesh Menon, director general, SIAM said, "Sales in the month of February 2022 has declined compared to February 2021, across passenger vehicle, two-wheeler and three-wheeler categories.

Sales of electric cars in India picked up in February after slipping in January. Tata Motors led the way. Total registrations of electric vehicles (EVs) in January and February of 2022 crossed the 1-lakh mark. Here''s a list of the top-selling electric cars in India in February 2022.

Sensex sheds 300 pts, Nifty below 16,550; Tata Motors drops 2%

The Indian equity indices traded lower on Friday taking cues from the global markets.

On the stock-specific front, HUL was the top gainer with a gain of 5 per cent to Rs 2,101.05, followed by Tata Steel, Grasim Industries, SBI, Tata Consumer Products, JSW Steel, Axis Bank, Tata Motors, IOC, and IndusInd Bank. All these stocks saw a jump of 3 and 4 per cent.

March 10, 2022 / 08:00 AM IST Follow our LIVE blog for the latest updates on Assembly elections results for five states March 10, 2022…

Maruti Suzuki, which sells one of two cars running on Indian roads, expects sales of passenger vehicles to expand in double digits in FY23, driven by strong consumer demand and improved chip supplies.This will be a second consecutive year of double-digit growth for the market, which is likely to inch closer to the previous peak of 3.7 million units.On its part, Maruti Suzuki would like to sustain a strong growth momentum of FY22 on the back of its biggest product offensive seen in recent years. That will see significant reinforcement in the SUV portfolio. It will be banking on a new range of SUVs – both below and above 4 metres in length - to regain lost share.Reflecting on the current market demand and the potential of market growth in FY-23, Shashank Srivastava, Sr ED, sales and marketing, Maruti Suzuki, said for the current year, the company has seen a robust bounce back in demand. Despite supply side constraints due to the semiconductor issue, PV sales this year should be around 3.

Most of Tata Motors’ line up is up for grabs with some kind of benefit including the Altroz, Nexon, Safari and Harrier. The newest SUV, the Punch, as well as the EVs, unfortunately do not receive any discounts.

Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 130082.63 Crore) operating in Auto sector.

The Homegrown auto major Tata Motors said it has bagged a contract for 65 electric vehicles from Kerala State Electricity Board. The order includes 60 Tigor EVs and 5 Nexon EV SUVs.

Tata Motors said it has bagged a contract for 65 electric vehicles from Kerala State Electricity Board. The order includes 60 Tigor EVs and 5 Nexon EV SUVs.

Homegrown auto major Tata Motors on Monday said it has bagged a contract for 65 electric vehicles (EVs) from Kerala State Electricity Board (KSEB).

The order is part of a competitive pan India tender, floated by KSEB in line with the state''s vision ''Go Green/Carbon Neutral'' by 2030. Tata will deliver 60 units of the Tigor EV subcompact sedan, and…

You may be surprised to find out which one of these chip giants is a better buy.

Shareholders of two lending companies clear plans to sell loan assets up to Rs 14,500 crore.