Tata Motors PV keeps ₹40,000 crore capex, price hikes expected

Tata Motors PV keeps ₹40,000 crore capex, price hikes expected. Despite leadership changes in the Tata Group, the company’s ₹40,000 crore capex plan remains intact. The move signals strong commitment to growth in passenger vehicles. Further price hikes are likely to offset rising input costs and fund expansion.
📊 STOCKS: $TATAMOTORS | 🏢 SECTOR: Auto | #MEDIUMIMPACT #capex