# on 28th July 2021, poor result with just 5% margin. Almost 3-4 year low margin
# volume sustaining based on low price of products. It seems the rise in price will lead to further loss in market share.
# small cars sales affected due to slowdown in rural economy and it's SUV market share is low
# on 29th July very strong day for Nifty which was up 100 points while the stock is down > 2% . Distribution going on. Tata Motors up strongly 3% which suggest the beginning of portfolio shift towards tata motors and away from maruti.
# huge speculative component of over 1 lakh crores which gives ample room for correction in stock price.
# lack of electric vehicle and even diesel portfolio is expected to hurt the company further.
# The stock seems to be heading towards 6400 in next few days.
# Tata Motors seems to be firing from all cyliders. Massive investments of last 4 years is expected to bear fruit in next 2-3 years.
# volume sustaining based on low price of products. It seems the rise in price will lead to further loss in market share.
# small cars sales affected due to slowdown in rural economy and it's SUV market share is low
# on 29th July very strong day for Nifty which was up 100 points while the stock is down > 2% . Distribution going on. Tata Motors up strongly 3% which suggest the beginning of portfolio shift towards tata motors and away from maruti.
# huge speculative component of over 1 lakh crores which gives ample room for correction in stock price.
# lack of electric vehicle and even diesel portfolio is expected to hurt the company further.
# The stock seems to be heading towards 6400 in next few days.
# Tata Motors seems to be firing from all cyliders. Massive investments of last 4 years is expected to bear fruit in next 2-3 years.
Comment:
on 30th July 2021 (next day) the stock attempted a pull back from yesterday's fall in first half to reach a high of 7095 which got sold in later half to a low of 6970. While tata motors dvr was up again. This again confirms the shift happening. 2 days of consecutive close below 7000 suggest the crack in the company's stock price. Will watch out 6500 levels immediately in next 2-3 days or max by next week.
# This confirms the portfolio shift theory.