Tata Motors stock gained 4 per cent a day after Ratan Tata unveiled the company’s aggressive rollout plans and assured shareholders that his ambitious Rs 1 lakh car is on track.
“Between Tata Motors and Fiat, there will be 10-14 launches in 07-08. Six months have gone by and the Indigo XL and Palio Steel has been launched, but the real launches are yet to come,” said Rajeev Dube, President (passenger cars) Tata Motors.
Its this aggression that is driving the fortunes of Tata Motors, the country’s top notch automobile company. Forget rate hikes or the tight liquidity situation Tata Motors seems to be on a roll not just on the Indian roads but on the stock markets as well.
