Tata Motors, TMPV shares soar up to 11% on Iran war ceasefire. Here’s why it matters
Shares of Tata Motors (Commercial Vehicles) and Tata Motors Passenger Vehicles (TMPV) rallied up to 11% on Wednesday after U.S. President Donald Trump agreed to a two-week ceasefire with Iran, contingent on the immediate and safe reopening of the Strait of Hormuz, a critical chokepoint that transports one-fifth of global oil flows. In today’s session,…
