Tata Motors Share Price Rises 4% After Takeover Bid for Italy’s Iveco Crosses Acceptance Threshold

Mumbai, October 27: Tata Motors Limited shares traded 4% higher on Tuesday after the takeover bid for ‌Italian truck maker Iveco crossed the 80% acceptance threshold. The company now holds 89.42% of Iveco’s common share capital. Moreover, the company announced a collaboration with Amazon to deploy 3,000 electric trucks across India’s transportation network. The initiative is aimed at supporting freight movement and expanding the use of electric commercial vehicles across key logistics routes. The planned deployment includes Tata Ultra EV 3.0 electric trucks designed for urban and intercity transportation. The companies intend to introduce the vehicles across several locations, including the Delhi-Bengaluru-Chennai corridor, which spans approximately 2,800 kilometres along National Highway 48.

Tata Motors Strengthens EV Truck Push With Amazon’s 3,000-Unit Deployment Plan

The partnership highlights Tata Motors’ efforts to expand its electric commercial vehicle business and support the transition towards lower-emission freight transportation. The deployment of 3,000 electric trucks is expected to strengthen the presence of electric vehicles in logistics operations, where fleet operators are increasingly exploring alternatives to conventional diesel-powered vehicles. The collaboration also involves supporting charging infrastructure and integrating electric trucks into Amazon’s transportation network. This could help improve the practical adoption of electric commercial vehicles across urban and intercity routes. However, the company has not disclosed the financial value of the partnership or the expected revenue contribution from the planned deployment. The longer-term business impact will depend on implementation, vehicle utilisation and operating economics.

Stock Market Snapshot

Tata Motors share price showed a positive trend during the trading session on October 27, 2026, according to the provided intraday chart. The stock initially traded around ₹387-₹388 before moving higher during the morning session. The share price crossed ₹400 around 10:00 AM and continued to rise gradually, reaching approximately ₹404 during the afternoon, a gain of around 4% from the previous close. The stock maintained most of its gains during the displayed session, while trading volume was relatively concentrated around the opening period.

About Tata Motors Limited

Tata Motors Limited is an Indian automotive manufacturer with businesses spanning commercial vehicles, passenger vehicles and electric mobility. Its commercial vehicle portfolio includes trucks, buses and other transportation solutions serving logistics, infrastructure and industrial customers. The company has been expanding its electric vehicle offerings as businesses and fleet operators explore cleaner transportation alternatives. Its electric commercial vehicle initiatives are aligned with the broader shift towards reducing emissions and improving the efficiency of freight transportation.

Source: 

• https://www.bseindia.com/stock-share-price/tata-motors-ltd/tmcv/544569