Tata Motors on Thursday announced it was hiking the price of its commercial vehicles, effective from January 1, 2025 by up to 2 percent.
The automaker said the rise in prices comes amid input costs affecting the production of trucks and buses and would impact all models and variants of its commercial vehicle offerings.
Tata Motors shares closed 1.5% lower at ₹787 on Thursday. The stock is facing severe pressure in the market, losing nearly one third of its value from 52-week highs hit roughly three months ago.
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