Tata Motors, the largest commercial vehicle manufacturer in India, will be implementing a price increase of up to 5% on its commercial vehicles starting from April 1st, 2023. The decision to increase prices is a result of the company's efforts to comply with the more stringent BS6 phase II emission norms. As Tata Motors transitions its entire vehicle portfolio to meet these standards, customers and fleet owners can expect a range of cleaner, greener, and technologically superior offerings that deliver higher benefits and lower total cost of ownership.
The price increase will be applied across the entire range of commercial vehicles, with the exact amount varying according to the individual model and variant.
Shares of Tata Motors Limited was last trading in BSE at Rs. 412.40 as compared to the previous close of Rs. 410.75. The total number of shares traded during the day was 198155 in over 5688 trades.
The stock hit an intraday high of Rs. 413.90 and intraday low of 407.85. The net turnover during the day was Rs. 81495048.00.