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Tata Motors (NSE:TMCV, BOM:544569) will raise prices of its commercial vehicles by up to 1% from Oct. 1, citing higher commodity and other input costs, according to a Thursday filing on Indian bourses.The increase will vary by model and variant, it said.Shares of the company rose nearly 2% in recent trade.
Tata Motors' (NSE:TMCV, BOM:544569) total sales jumped 49% in August to 44,411 units against 29,863 units sold a year ago.Total domestic sales rose 33% to 36,619 units from 27,481 units a year ago, according to a Tuesday filing on the Indian bourses.International business soared 227% year on year to 7,792 units from 2,382 units, the filing said.Shares of the company fell nearly 2% in recent trade.
Tata Motors (NSE:TMCV, BOM:544569) has an average rating of buy and mean price target of 503.41 Indian rupees, according to analysts polled by FactSet.
Tata Motors (NSE:TMCV, BOM:544569) recorded a rise in attributable profit for the first fiscal quarter to 25.6 billion Indian rupees from 14 billion rupees a year prior.Earnings per share increased to 6.95 rupees from 3.79 rupees previously, according to a Wednesday Indian bourse filing.Revenue from operations increased 19% to 206.7 billion rupees from 173.2 billion rupees.
Tata Motors' (NSE:TMCV, BOM:544569) total sales jumped 37% in July to 39,641 units against 28,956 units sold a year ago.Total domestic sales rose 28% to 33,876 units from 26,432 units a year ago, according to a Saturday filing on the Indian bourses.International business soared 128% year on year to 5,765 units from 2,524 units, the filing said.Shares of the company rose nearly 2% in early trade on Monday.
Tata Motors (NSE:TMCV, BOM:544569) has an average rating of buy and mean price target of 484.61 Indian rupees, according to analysts polled by FactSet.
