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Commercial vehicle momentum powers Tata Motors to fresh lifetime high
Tata Motors touched a new lifetime high after gaining 17 percent in two weeks, supported by strong commercial vehicle sales and improved market positioning after its recent demerger.
Buying interest intensified in Tata Motors as strong commercial vehicle demand pushed the stock to a new all time high during Tuesday’s trade. Shares climbed nearly 3 percent intraday to ₹371.20 on the BSE, crossing the previous peak of ₹367.90 recorded earlier this month. Over the last two weeks, the stock has gained 17 percent, supported by a sharp 29 percent surge in November commercial vehicle volumes.