Nano Cancellations Lead To Tata Motors Downfall
June 07th, 2009
The stock for Tata Motors opened at Rs. 735 today and slipped down to touch a low of Rs.720. This was due to the increase in number of cancellations done on Tata Nano over the past few months. Most of the cancellations were done by the customers for whom the delivery date was given to be the late months of 2010 and early 2011. This lead to the downfall of Tata Motors stock points for today.