Tata Motors Stock Prices to Increase After Nano - People’s Car launch?
There are many rumours in the stock market that the current priced 749.20 - Tata Motors (BSE: 500570 | NSE: TATAMOTORS) would reach 900Rs within couple weeks because of the hype their 1,00,000 Rupees People’s Car has created. Ratan Tata has himself launched this car in the 2008 Auto Expo in New Delhi and the car has created a huge buzz in the Indian Auto Industry.
Maruti Motor’s shares have dipped a lot this week reaching 910 which has been the lowest price from the last quarter of 2007 till january 2008 and if you are looking to invest in Maruti make sure you buy the shares at 900Rs because the price wont cross 1050 within 2 months time for sure and you may block your money if you are looking larger profits with maruti.
Tata would be a better choice for this week to invest because the prices would gain very quickly towards 900Rs, make sure you buy them once the price is around 700Rs.
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Tags : auto expo, bse, nse, stock market, stock prices, tata motors , 227 Views
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