Previous Close | 26.14 |
Open | 26.18 |
Bid | 25.94 x 1100 |
Ask | 26.79 x 1200 |
Day's Range | 26.12 - 26.57 |
52 Week Range | 18.48 - 35.38 |
Volume | |
Avg. Volume | 718,315 |
Market Cap | 20.233B |
Beta (5Y Monthly) | 2.08 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -1.91 |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Jul 14, 2016 |
1y Target Est | 33.10 |
Tata Motors aims to sell about 50,000 electric vehicles (EVs) in the fiscal year to March 31, and double that in the 2023/24 period, Chairman N Chandrasekaran told a shareholders' meeting on Monday. In 2021/22, Tata Motors sold 19,105 EVs, a growth of 353% from the previous fiscal year. Electrification is the cornerstone of Indian Prime Minister Narendra Modi's climate change and carbon reduction agenda and EVs are seen as a way to help India to cut its oil import bill and reduce pollution in major cities.
Japanese chipmaker Renesas Electronics Corp and India's Tata Motors have formed a strategic partnership to design, develop and make semiconductor solutions, the firms said on Wednesday. The move comes as a persistent global shortage of semiconductor chips has hobbled the automotive and electronics industries, among others, forcing production cutbacks, while highlighting global dependence on a few sources, such as Taiwan. Renesas will collaborate with Tata Motors, India's biggest manufacturer of electric cars, on developing "next-generation automotive electronics" to accelerate the growth of electric and connected vehicles, the companies said in a statement.
UK startup Circulor, which uses blockchain technology to map supply chains for companies pursuing greener, more sustainable production, said on Tuesday it had raised $25 million to fund expansion, primarily in the United States. The Series B funding round brings Circulor's fundraising over the last two years to $45 million. The funding round was led by early Tesla investor Westly Group and included investments from the venture capital arms of Volvo Cars , Jaguar Land Rover (JLR) and BHP Group, the world's largest listed miner.