- RSI Divergence indicating upside potential
Auto sector is turning bullish
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302 entry also good with same sl
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Tata Motors To Hike Prices Of Its Commercial Vehicles From October 1
Tata Motors Ltd. will increase the price of its commercial vehicle (CV) range in effect from October 1, 2021.
The effective price hike will be in the range of 2% and will be implemented based on the model and variant of the vehicle, the company said in an exchange filing.
Rising cost of commodities like steel and precious metals has necessitated the need to pass on the part of the cost through a price hike. The company strives to minimise the increase in price by absorbing certain portion of the cost at various levels of manufacturing, Tata Motors added.
Tata Motors Ltd. will increase the price of its commercial vehicle (CV) range in effect from October 1, 2021.
The effective price hike will be in the range of 2% and will be implemented based on the model and variant of the vehicle, the company said in an exchange filing.
Rising cost of commodities like steel and precious metals has necessitated the need to pass on the part of the cost through a price hike. The company strives to minimise the increase in price by absorbing certain portion of the cost at various levels of manufacturing, Tata Motors added.
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