Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in Q3 FY22 were at 1,02,772 units, higher by 14 per cent over Q3 FY21.
For 2021, the automaker reported wholesales of 1,30,768 units in the domestic market, up 72 per cent from 76,111 units in 2020.
Hyundai Motor India reported a drop of 26.6 per cent in the total wholesales at 48,933 units as against 66,750 units in December 2020.
Nifty 50 nudged 27 points up and closed at 17,248 levels whereas BSE Sensex surged 113 points and closed at 57,901 levels. The current pattern signals a continuation of range-bound action in the market.
Tega Industries will make its Dalal Street debut on Monday. The Rs 619.23 crore issue was open for subscription between December 1-3 in the price range of Rs 443-453 per share.
Indian stock market continued with a sharp decline on Monday and closed in negative territory. Nifty 50 dipped 284 points and closed at 16,912 levels whereas BSE Sensex nosedived 949 points and closed at 556,747 levels.
Tata Motors stated that rising prices of steel, aluminium and other precious metals in addition to prices of other raw materials mandated the hike.
Another homegrown major Tata Motors said its passenger vehicle sales in the domestic market were up 38 per cent at 29,778 units in November, as compared to 21,641 units in the same month last year.
Federation of Automobile Dealers Association (FADA) said the current festive season was worst for business in a decade for its retail partners across the country as chip shortage impacted supplies in passenger vehicles.
IndusInd Bank stole the show in the Sensex pack, surging more than 7 per cent on Monday, followed by Bharti Airtel, HCL Tech, Tata Steel, Tech Mahindra and SBI.
The company informed that its passenger vehicles sales in the domestic market in October increased 44 per cent to 33,925 units. It had sold a total of 23,617 in the segment in October 2020.
The upgrades reflect rating agency's view that the credit profiles of the various Tata Group entities are strengthened by their importance to Tata Sons.
Tata Motors said in a statement the new mini SUV is India’s first sub-compact SUV. It is the recipient of the Global NCAP 5-star rating (16.453)adult occupant protection.
As per Tata Motors, the manual trims of the model deliver an ARAI certified fuel efficiency of 18.97 kmpl while the AMT (automated manual transmission) variants offer 18.82 kmpl to a litre.
The auto major's total income in the fourth quarter stood at Rs 89,319 crore. It was at Rs 63,057 crore in the year-ago quarter.
Tata Motors launches light commercial trucks, hope to cash in on economy picking up
It replaces the existing analogue dials but only in the top-spec XZ+ and XZA+ variants
The company had sold a total of 69,991 units in the same month last year, Tata Motors said in a statement.
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
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