Tata Motors Shares Surge Ahead of Board Meeting; Plans to Raise ₹2000 Crore

Shares of Tata Motors soared on March 19 ahead of the company’s board meeting to raise ₹2000 crore. Tata Motors stock went up by 1.34% to ₹688.95 apiece on the BSE.

The board of directors are expected to meet on March 19. Through this meeting, the company is considering raising ₹2000 crore via the issuance of Non-Convertible Debentures on a private placement basis.

Tata Motors said in a regulatory filing on March 13, “...in accordance to the approval granted by the Board of Directors of Tata Motors Limited (‘the Company’) at its Meetings held on March 4, 2024 and May 10, 2024, we hereby wish to inform you that a Meeting of the duly constituted Committee of the Board of Directors of the Company is scheduled to be held on Wednesday, March 19, 2025, inter alia, to consider and approve the issuance of Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures on a private placement basis aggregating upto ₹2,000 crore.”

Hike in prices of commercial vehicles

Tata Motors on March 18 announced to increase the price of its commercial vehicles by 2%, effective from April 2.

Tata Motors said in a statement on March 17 said, “Tata Motors, India’s largest commercial vehicle manufacturer, today announced a price increase of up to 2%, across its commercial vehicle range, effective 1st April 2025. The price increase is to offset the rise in input costs, and will vary as per individual model and variant.”

Maruti Suzuki also announced a similar move on March 17. The automaker announced a price hike of 4%, effective from April 4, 2025, on the back of surging input costs.

Share Price trend

Shares of Tata Motors have remained flat in the past one month, but it has fallen by 9% on a year-to-date (YTD) basis. Since past months, the stock price has declined by 30%.

On the other hand, Tata Motors shares have surged by 63% in two years while also delivering multibagger returns of 835% in five years.

As of 10:25 am, shares of Tata Motors were trading at ₹683.00 apiece on the BSE, up 0.47%.