Tata Motors on Monday became the 16th most valued automaker in the world after it overtook Kia Corporation in terms of market capitalization.
Tata Motors shares on Monday hit a record high after its Jaguar Land Rover (JLR) unit reported 30% year-on-year (y-o-y) jump in global wholesale dispatches in the June quarter of this fiscal year.
With a market valuation of $27.15 billion, Tata Motors is now positioned just below Hyundai Motor.
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Updated: 10 Jul 2023, 06:00 PM IST