Tata Motors launched an all-cash voluntary tender offer to acquire all common shares of Iveco Group for EUR 14.10 per share, valuing the Italian commercial vehicle maker at approximately EUR 3.82 billion. The offer is being made through TML CV Holdings B.V., and the acceptance period will run from September 7 to October 26, 2026, according to a joint announcement by Tata Motors and Iveco Group on Friday. The offer price of EUR 14.10 per common share is on a cum-dividend basis. The transaction is the latest step in Tata Motors' proposed acquisition of Iveco, with the offer document having received approval from Italy's market regulator Consob. The approval cleared the way for the shareholder acceptance process. Iveco Group's Board of Directors has unanimously supported the transaction and recommended that shareholders accept the offer. It has also recommended that shareholders vote in favour of the resolutions relating to the offer at the Extraordinary General Meeting (EGM) schedul
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TML CV Holdings will offer €14.10 per Iveco share, with the initial acceptance period running from September 7 to October 26 and payment scheduled for October 30
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Tata Motors Ltd on Tuesday reported a 49 per cent growth in total commercial vehicle sales in August at 44,411 units as compared to 29,863 units in the same month last year. Domestic commercial vehicle sales were up 33 per cent at 36,619 units last month as compared to 27,481 units in August last year, Tata Motors Ltd said in a statement. International business volumes were at 7,792 units in August as against 2,382 units in the year-ago month, registering a 227 per cent growth year-on-year.
Low-growth companies will not find favour, and better visibility of stronger growth over the medium term becomes a prerequisite to lure global investors, said Emkay.
Tata Motors Ltd expects demand for its electric commercial vehicles (CVs) to remain strong and continue to grow with a strong order book in place across segments, according to its Managing Director and CEO Girish Wagh. The company also expects supply chain bottleneck regarding cells imported from China that has impacted its Intra EV, to be resolved completely by the end of the ongoing quarter, he told analysts. "On EVs, the demand outlook is quite positive," he said. In the first quarter of the fiscal year, on the electric commercial vehicles front, Tata Motors had over 3,400 vehicle orders across segments, building on the momentum it saw in the second half of last year. In addition to that, Wagh said, "As a part of PM-eBus Sewa, there are a few more newer tenders which are also on the way. We are quite positive on that." He pointed out that the electric small commercial vehicles (SCV) pickup, which is completely in the retail market, is doing very well. "The TCO (total cost of .
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Tata Motors Passenger Vehicles will raise prices across its ICE and electric vehicle portfolio from September 1, citing rising input costs and inflationary pressures
Stocks to watch today: Tata Motors, Tata Power, Mankind Pharma, SBI, RailTel, KIMS, DEE Development Engineers, L&T Finance, KIMS, sugar stock, among others, will be in focus today.
Tata Motors Commercial Vehicle share price hit intra-day high of ₹487.40, its highest level since March 3, 2026, after gaining 2 per cent on the BSE in Thursday's intra-day trade.
Strong domestic volume growth and new launches support Tata Motors PV's outlook, but raw material inflation and headwinds at JLR could keep near-term margins under pressure
Passenger vehicles, two-wheelers and three-wheelers posted double-digit growth in July, while two-wheeler exports rose 27.7 per cent as the auto industry entered the festive season
Heavyweights, including Tata Consultancy Services (TCS), Tata Steel, Tata Communications, Trent and Tata Motors Passenger Vehicles traded lower, with losses up to 6 per cent in some counters.
TaMo eyes 70% volume growth in EVs for FY27; expects domestic PV industry to grow 10%
Post Q1 results, brokerage firm Nomura has upgraded its rating on Tata Motors to 'Buy' and raised the target price to ₹554 from ₹402.
A sentiment knock across the pack was the realistic expectation, said Anirudh Garg, Fund Manager and Partner, INVasset PMS, with the magnitude inversely proportional to succession clarity.
After shedding almost up to 5 per cent a day earlier, most Tata group stocks gained. Titan and Tata Investment Corporation remained the top laggards.
Aditya Birla Real Estate, Brigade Enterprises, LG Electronics, Page Industries, Solar Industries India, and Tata Motors Passenger are among the companies reporting Q1FY27 results.
The commercial vehicle maker reported a net profit of Rs 2,560 crore as volumes rose 26 per cent, but commodity inflation weighed on margins and prompted price increases