General Trading Chat

Anyone watching TV ??

TaMo results are out. Does not look good. Higher losses, JLR income down and all sorts of things.
Buffalo, water scenario for Tata Motors.

Tata Motors downgraded again, thanks to slow India business and ‘elevated risks’ from Jaguar Land Rover
SANCHITA DASHJUL 25, 2019, 10:10 IST
  • Global ratings agency Fitch Ratings has downgraded Tata Motors with a negative outlook.
  • The ratings come in because of Tata Motors Limited’s weak sales in India and the continued sluggish sales from Jaguar Land Rover.
  • Earlier in June, Moody’s too had downgraded Tata Motors.
https://www.businessinsider.in/tata...ch-ratings-downgrade/articleshow/70373566.cms

Tata Motors Q1 loss doubles to Rs 3,680 crore as JLR woes continue

https://economictimes.indiatimes.co...as-jlr-woes-continue/articleshow/70379191.cms
 

Riskyman

Well-Known Member
Tata Motors downgraded again, thanks to slow India business and ‘elevated risks’ from Jaguar Land Rover
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136 levels is absolute level. Last time also I has said 136-139 support and it held. If Breaking this time again then TaMo is a sub 50 rupees stock.
 

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