Tata Motors launches festival of cars; shares trade muted after gaining 1%
Tata Motors stock ended with marginal cut even as the company announced a new scheme offering steep discounts during the festive season.
Tata Motors shares traded muted in Tuesday's session (September 10) even as the company unveiled 'Festival of Cars' to mark the start of festive season. At the time of writing the copy, the stock traded with a marginal cut of 0.27 per cent at Rs 1,035.75.
In early part of the trade, the stock however scaled to Rs 1,049.8 per share levels, up 1 per cent from the previous close.
Highlighting the features under the offer in its press release, the auto major said,
Exciting new prices exclusively for the festive season – reduction of up to Rs 2.05 Lakh on ICE vehicles.
Special prices offered on all SUVs and cars powered by Petrol, Diesel and CNG
Unbelievable new entry prices for several popular models –
Tiago at ₹4.99 Lakh
Altroz at ₹6.49 Lakh
Nexon at ₹7.99 Lakh
Harrier at ₹14.99 Lakh
Safari at ₹15.49 Lakh
Other consumer benefits including exchange offer of up to ₹ 45,000 available at our showrooms
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