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▼ Bearish for Tata Motors PV
Commodity cost uncertainty bigger worry than price increase: TMPV MD
The brief
- Commodity pressures are hurting margins and prompting faster cost cuts, says Shailesh Chandra
- Commodity-cost uncertainty pressures Tata Motors PV margins and may affect its stock
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| TMPV | Fri, 25 Sept | −1.5% | −1.9% | 2.6× | −1.5% · Nifty +0.3% |
✓ Classifier read this as negative; TMPV fell 1.9% against the Nifty on the day it traded.
- Another price hike inevitable due to higher input costs: Tata Motors PV MD Shailesh Chandra
- Tata Motors PV weighs gradual price hikes as commodity costs threaten margins