Tata Motors’ stock experienced a decline following reports of a possible acquisition of Iveco. The deal, valued at ₹3.9 billion, may require external funding for the Indian automaker. Analysts anticipate pressure on Tata Motors’ balance sheet due to rising global tariff uncertainties. Iveco’s revenue declined in FY24, but expects stable growth in 2025.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets