Tata Motors share rallies as Jaguar Land Rover announces EV investment plan

On 19 April, Jaguar Land Rover, a subsidiary of Tata Motors, revealed its plan to invest Rs 153 crore over the next 5 years to bolster technology, introduce new models, and enhance its industrial footprint in the electric vehicle (EV) segment. The news has already made an impact on the stock market as Tata Motors' shares jumped more than 1% to a nearly eight-month high level of Rs 475 on BSE.