Tata Motors Stock Soars on Rs 766 Crore Compensation Win | Stock Market News

Name: Tata Motors Stock Soars on Rs 766 Crore Compensation Win | Stock Market News
Uploaded: 2023-10-31T16:45:01+05:30
Duration: 1 min 3 s
Description: Tata Motors shares rose over 2% on Oct 31 after the company won a Rs 766 crore compensation from the West Bengal Industrial Development Corporation (WBIDC) in connection with losses incurred due to a land row on its manufacturing site in Singur back in 2008. The company had to shift its plant to produce small cars from Singur to Sanand in Gujarat after the land row.

Tata Motors shares rose over 2% on Oct 31 after the company won a Rs 766 crore compensation from the West Bengal Industrial Development Corporation (WBIDC) in connection with losses incurred due to a land row on its manufacturing site in Singur back in 2008. The company had to shift its plant to produce small cars from Singur to Sanand in Gujarat after the land row.

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Written By: Zee Business Video Team

Updated on: October 31, 2023, 04.45 PM IST