Tata Motors closes on a positive note post new partnership

Tata Motors has entered into partnership with Aaron Travels to deploy electric vehicles in Mumbai. The shares of Tata Motors rose 2 per cent around closing hours.

The partnership between Tata Motors and Aaron Travels is set to deploy Tigor electric vehicles (EVs) in Mumbai. Aaron Travels will begin its e-mobility journey to service clients and enhance sustainability. The first batch of Tigor EVs was handed over to Aaron Travels officials at Kalyan, Mumbai.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.

On Tuesday, the shares of Tata Motors opened at Rs. 178.50 against Monday’s close of Rs 180.25. At closing hours, the stock was trading at Rs 184.35, 2.27 per cent higher than the previous close. It reached an intra-day high of Rs. 185.80 and an intra-day low of Rs. 177.90 on the BSE. The 52-week high stood at Rs. 333.90 and 52-week low was at Rs. 141.90 on the BSE.