Tata Motors' Shares Surge Nearly 20 Per Cent After TPG Fundraise And EV Plan Announcement

Shares of India's Tata Motors rose nearly 20% on Wednesday, a day after the Jaguar and Land Rover owner raised funds from private equity firm TPG and said it would invest over $2 billion in its electric vehicle (EV) business over the next five years.

Tata Motors' Shares Surge Nearly 20 Per Cent After TPG Fundraise And EV Plan Announcement
Shares of India's Tata Motors rose nearly 20% on Wednesday, a day after the Jaguar and Land Rover owner raised funds from private equity firm TPG and said it would invest over $2 billion in its electric vehicle (EV) business over the next five years.