Tariff on auto sector
NEW DELHI: (Mar 27) Auto stocks declined in morning trade on Thursday, with Tata Motors tumbling over 6 per cent, after the US President Donald Trump announced imposition of 25 per cent tariffs on auto imports from April. Shares of Tata Motors tanked 6.58 per cent to Rs 661.35 on the BSE. Ashok Leyland dropped 4.60 per cent, Mahindra & Mahindra dipped 1.70 per cent, Bajaj Auto slipped 1.48 per cent Apollo Tyres skidded 1.41 per cent.
NEW DELHI: (Mar 27) Auto stocks declined in morning trade on Thursday, with Tata Motors tumbling over 6 per cent, after the US President Donald Trump announced imposition of 25 per cent tariffs on auto imports from April.
Shares of Tata Motors tanked 6.58 per cent to Rs 661.35 on the BSE.
Ashok Leyland dropped 4.60 per cent, Mahindra & Mahindra dipped 1.70 per cent, Bajaj Auto slipped 1.48 per cent Apollo Tyres skidded 1.41 per cent.
