Tata Motors shares surge 2% on debt-free target by 2025

Megha Jain

Content Head
Image Credit: newsbyte

Tata Motors shares surged by 2% on Tuesday, reaching ₹991 apiece. The rise was triggered by the company's optimistic forecast for the upcoming quarters. The automaker, which is India's largest electric vehicle player, is confident it will achieve financial stability by becoming net debt-free by fiscal year 2025. Additionally, the company has set ambitious targets of attaining a market share exceeding 25% across various segments.