Tata Motors shares may remain in focus after a major global trade development. According to an EU official, the European Union has agreed to reduce its car import duty to just 2.5% as part of a new trade agreement with the United States. This move could significantly reshape international auto trade dynamics, especially for global automakers with operations or ambitions in both regions.

The development is seen as a key positive for companies like Tata Motors and its British arm Jaguar Land Rover (JLR), which exports vehicles across global markets, including Europe and the U.S. A lower import duty may improve margins, enhance competitiveness, and support stronger sales volumes over time.

Tata Motors shares opened at ₹690.70 and moved between a low of ₹682.60 and a high of ₹700.50 during Monday’s session. The stock is trading above its 52-week low of ₹535.75 but remains well below its 52-week high of ₹1,179.00. The previous close was ₹687.40. As of 2:44 PM, the shares were trading 0.43% lower at Rs 684.45.

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TOPICS: Tata Motors