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Tata Motors ...does anyone know why its dropping

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  #1  
Old 29th May 2008, 11:59 AM
rhk rhk is offline
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Default Tata Motors ...does anyone know why its dropping

Does any one have information why Tata Motors is dropping 6% today...is it a good buy
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  #2  
Old 29th May 2008, 12:11 PM
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Default Re: Tata Motors ...does anyone know why its dropping

Big rights issue and misgivings about JLR deal. It been talked about on NDTV Profit today.

-- Milind
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  #3  
Old 29th May 2008, 01:43 PM
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Default Re: Tata Motors ...does anyone know why its dropping

Quote:
Originally Posted by rhk View Post
Does any one have information why Tata Motors is dropping 6% today...is it a good buy
Its a good pick!

Need to have patience.
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  #4  
Old 29th May 2008, 02:52 PM
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Default Re: Tata Motors ...does anyone know why its dropping

I dont know for sure but arrest of its official may hav to do something?
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  #5  
Old 29th May 2008, 03:23 PM
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Default Re: Tata Motors ...does anyone know why its dropping

Quote:
Originally Posted by rhk View Post
Does any one have information why Tata Motors is dropping 6% today...is it a good buy
aah i guess it posted poor results and said it was fighting for margins n thus the fall ...
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  #6  
Old 29th May 2008, 04:16 PM
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Default Re: Tata Motors ...does anyone know why its dropping

>rise in equity post rights
>rising crude
>credit crunch @ auto loan front
>rising input cost like steel ,etc

AVOID ....
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  #7  
Old 30th May 2008, 08:57 AM
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Default Re: Tata Motors ...does anyone know why its dropping

its a long term buy
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