Tata Motors Stock Up After Announcement Of Investment In EV Business, Will It Sustain?

Tata Motors Stock Up After Announcement Of Investment In EV Business, Will It Sustain?

Tata Motors’ stock (NYSE: TTM) rose by 63% in the last twenty-one trading days. In comparison, the broader S&P500 index declined by 0.3% over the same period. The stock rose after the company announced it will raise $1 billion in its passenger electric vehicle business from TPG Rise Climate…