Tata Motors shares dip after company announces 2% price hike on vehicles

Shares of Tata Motors fell 0.24 per cent to 784.50 on the NSE at 12:25 pm today.

Tata Motors, India’s leading commercial vehicle manufacturer, announced a price hike of up to 2 per cent across its entire range of trucks and buses, effective January 1, 2025.

• Read more: Tata Motors to raise commercial vehicle prices by 2% due to input cost increase, applicable to trucks and buses

Tata Motors, a global automobile manufacturer under the Tata Group, reported a decline in its second-quarter financial results for the fiscal year 2025.

“The price increase is to offset the rise in input costs,” said Tata Motors.

The stock hit a 52-week high of ₹1,179.05 on July 30, it hit a 52-week low of ₹695.90 on December 21,2023 on the BSE.