Tata Motors stocks are in focus today as the company’s board has approved a proposal to raise up to ₹2,000 crore by issuing securities on a private placement basis. The issuance of non-convertible debentures (NCDs) was approved by the Mumbai-based auto major, although the reasons for the fundraising were not specified.
Recently, Tata Motors announced a price increase for its passenger and electric vehicles starting in April, but did not disclose the extent of the increase.
In terms of stock performance, Tata Motors opened at ₹685 on the NSE and is currently trading at ₹680.60, down 0.24%. Stay updated with live updates on Tata Motors here.
Published on March 20, 2025.