Thursday, June 20, 2019

Moody's downgrades Tata Motors to Ba3; outlook negative; stock down 3%

Looking ahead, Moody's expects auto demand will revive somewhat from the re-election of the government, likely normal monsoon season, stable fuel prices, and the pre-buying ahead of the country's migration to the equivalent of Euro VI emission norms.

from India Infoline News Service http://bit.ly/2J0ggNT

No comments:

Post a Comment