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  1. nrj

    Indian Automotive Sector

    Tata Motors is 'B' rated company i.e 'below investment' or 'junk status'. It has to pay higher interest to investors owning to junk status as yield is speculative. Tata Motors had to just withdraw 1000 Cr NCD within 3 days of offering conceding to investor response. Cash flow impact is...
  2. nrj

    Indian Automotive Sector

    You don't need CLSA to determine what shithole Tata Motors is as a company. Good products don't necessarily create good companies, especially when you are late to the market by a decade or more. Name a type of problem and tata motors has it in its bouquet.
  3. nrj

    Indian Automotive Sector

    Even if we assume the CLSA report is motivated, vultures are here for sure. And they are after JLR IMO, Tata Motors is irrelevant.
  4. nrj

    Indian Automotive Sector

    I've been saying this for a while now :laugh: Tata Motors has zero value without Jaguar Land Rover: CLSA https://www.business-standard.com/article/automobile/tata-motors-is-worth-nothing-without-jaguar-land-rover-says-clsa-120051300020_1.html...
  5. nrj

    Indian Automotive Sector

    Don't know if it will be huge spike here, average household income should be able to support. If someone can make Quadricycle attractive enough proposition in mass-market, there is tons of fortune to be made. Problem is positioning and packaging it well. None of that Nano nonsense. Indian...
  6. nrj

    Indian Automotive Sector

    Expect demand for Auto sector to go up in coming months, especially small cars. With fear of infection and stigma (associated to public transport), demand for personal car will pick up. 2-3 cars per household can become norm in urban areas. Traffic jams expected to get worse. Tricks of lower...
  7. nrj

    Indian Automotive Sector

    They shouldn't, but they could & they did anyway. That's how the world works. You can't look to partner with the Chinese and hope to retain all the IP at the same time. Everyone wants to bleed out the JLR and then pick it up at cheap price. Tata should shed JLR, and spare the investors who are...
  8. nrj

    Indian Automotive Sector

    Tata itself is looking to partner with Chery. Tata Motors is in shambles altogether; went below 70rs, ever wretched hole for investors. And that's probably Geely sending a mischievous message to Chery.
  9. nrj

    Indian Automotive Sector

    Daimler to raise Chennai unit capacity to 36k units in 2014 Merc-maker's Indian subsidiary, the Daimler India Commercial Vehicles (DICV), will kick-start the next phase of capacity expansion of 36,000 units in its Chennai plant in 2014. Despite a meager 3% growth of the Indian commercial...
  10. nrj

    Indian Automotive Sector

    Proud owner! :humble: But I dont have such record, figures just touch company claims :( Neverthless, I love my wheels.
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