Tata Motors: Old wine in an old bottle
Tata Motors market capitalisation is down 55% from its peak. If you go by history, the time to buy may just be round the corner.
Tata Motors market capitalisation is down 55% from its peak. If you go by history, the time to buy may just be round the corner.
The troubled carrier will announce June quarter results on Monday.
The company’s profit fell short of street estimates, but its outlook for the rest of the year is optimistic.
The decision was taken after the audit committee did not recommend the results for the board’s approval “pending the closure of certain matters”.