The stock jumped 8.30 per cent to Rs 403 on the BSE; at NSE, it zoomed 8.31 per cent to Rs 403.25 apiece
Stocks to Watch Today: Bandhan Bank, BoB, Eicher Motors, Escorts, REC, SBI, Tech Mahindra and UCO Bank are likely to be in focus ahead of Q4 results; Delhivery and Venus Pipes IPOs close on Friday.
On a standalone basis, the automaker reported a net profit of Rs 413.35 crore in the period under review against a net profit of Rs 1,645.68 crore in the fourth quarter of 2020-21
The investments will be spread across the company's different verticals of commercial vehicles, passenger vehicles and electric vehicles, Group CFO P B Balaji said
The improvement in consumer sentiment, buoyancy in e-business, firming freight rates, reopening of schools and offices helped regenerate demand, says company's executive director
Business Standard brings you the top headlines on Thursday
CLOSING BELL :: The S&P BSE Sensex opened gap-down and sunk 1,386 points intra-day to hit a low of 52,702 levels
The group is making a transition towards sustainability across businesses which includes a clean mobility push at Tata Motors and its British luxury unit Jaguar Land Rover, N Chandrasekaran said
Company feels target customers will be those who wants to use electric vehicle for inter-city travel
The model produces 105 kW (143 PS) of power and delivers a torque of 250 Nm, resulting in 0 to 100 sprint times in under 9 seconds
Commenting on the impact of rising commodity prices, Wagh said it has been unprecedented.
Bags order of 39,000 units from e-com players
Though growth was seen across segments, big sales push came from small CVs used for last-mile delivery as demand from e-commerce firms remained strong
Even with a humble start, which draws on India's tradition of 'jugaad' - a word referring to frugal DIY innovation and workarounds, Tata dominates the country's fledgling electric car market
The TPG-backed firm to hire in multiples of 100s in the coming months
CLOSING BELL: IndusInd Bank, NTPC, Tata Steel, HDFC, PowerGrid, and ITC were the major gainers
The grey market premium (GMP) for shares of Life Insurance Corporation of India (LIC) has firmed up in the past few days
Fresh chip scarcity may result in 4th straight year contraction in volumes
Tata Motors, Toyota Kirloskar Motor and Skoda Auto on the other hand witnessed a robust growth in vehicle dispatches last month
Tata Sons Chairman N Chandrasekaran stresses the automaker's global plans for its EVs over the next three years