India's Tata Technologies hits 18-month high on report Honda outsourced new vehicle programme
06/08/2026 10:46
BUZZ-India's Tata Technologies hits 18-month high on report Honda outsourced new vehicle programme ** Engineering services firm Tata Technologies shares TATE.NS rise as much as 6.75% to 804.9 rupees, highest in 18 months
** Bloomberg reports Japan's Honda Motor Co has outsourced its new vehicle program to TATE to cut costs
** TATE and Honda did not immediately respond to email seeking confirmation of the report
** Trading volume on TATE was about 7.79 million shares as of 3 p.m. IST, nearly seven times the 30-day average, according to data compiled by LSEG
** TATE shares are up about 25% in 2026 so far
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))
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