Markets end the first day of the year in Green
The company dispatched 394,179 units of motorcycles and scooters in the month of December 2022.
The company stated that these elevations are effective from January 1, 2023.
Tata Motors stocks jumped nearly 2% after the company reported a 10% growth in domestic sales in December 2022.
The company wants to raise Rs 75 crore via fresh issue of equity shares and an offer-for-sale (OFS) of 9.42 million shares.
While the agreement has already been signed and registered, the effective month for rent payment will be April.
This investment will pave way for collaborative research and development in electric motorcycles.
In the Passenger Vehicles segment it sold 28,445 vehicles.
The official also hinted that the group plans to manufacture four-wheeler EVs.
Investors who are ready to park their money for the NFO tenure of 366 days should invest in this scheme.
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