Mahindra has overtaken Tata Motors in sales for the first time in five years, showcasing impressive growth in the Indian automobile market.

In the electric vehicle (EV) segment, Tata Motors sold 4,680 units in September, marking a significant drop from 6,050 units in the same month last year.

Tata Motors advances its annual maintenance shutdown due to high stockpiles and slowing sales across its petrol, CNG, and electric cars. The company aims to align production with demand by reducing output by 15,

The Indian passenger vehicles segment reported a decline in sales for the third consecutive month in September 2024, amid reports of rising inventory at dealerships. To address the issue, Car makers have started to reduce dispatches to dealerships.

The shares of Tata Motors Limited were trading at ₹937 down by ₹28.20 or 2.92 per cent on the NSE today at 11.11 am.

Mahindra and Mahindra has edged ahead of its homegrown rival, Tata Motors, for the first time in more than half a decade, led by strong demand for its SUVs, in September 2024. The company clocked sales of 51,

The multibagger auto stock has climbed 52.56% in a year and risen 20% in 2024. Tata Motors stock has a one-year beta of 1, indicating very average volatility during the period.