Wednesday, March 31, 2010

TATA MOTORS: Our yesterday call trading strong, HOLD

Shares of Tata Motors ended higher by 2.2% at Rs756. The scrip opened at Rs746 it touched an intra-day high of Rs760 and a low of Rs742 and recorded volumes of over 0.73mn shares on BSE.


Tata Motors sells 20% stake in Telcon to its JV partner Hitachi for a sum of Rs11.6bn. (ET)

Tata Motors reduced its debt by Rs15bn as a large section of its bond holders opted for conversion of bonds into share before maturity. (ET)

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