Shift from Maruti to Tata Motors
Mis à jour
# on 28th July 2021, poor result with just 5% margin. Almost 3-4 year low margin
# volume sustaining based on low price of products. It seems the rise in price will lead to further loss in market share.
# small cars sales affected due to slowdown in rural economy and it's SUV market share is low
# on 29th July very strong day for Nifty which was up 100 points while the stock is down > 2% . Distribution going on. Tata Motors up strongly 3% which suggest the beginning of portfolio shift towards tata motors and away from maruti.
# huge speculative component of over 1 lakh crores which gives ample room for correction in stock price.
# lack of electric vehicle and even diesel portfolio is expected to hurt the company further.
# The stock seems to be heading towards 6400 in next few days.
# Tata Motors seems to be firing from all cyliders. Massive investments of last 4 years is expected to bear fruit in next 2-3 years.
# volume sustaining based on low price of products. It seems the rise in price will lead to further loss in market share.
# small cars sales affected due to slowdown in rural economy and it's SUV market share is low
# on 29th July very strong day for Nifty which was up 100 points while the stock is down > 2% . Distribution going on. Tata Motors up strongly 3% which suggest the beginning of portfolio shift towards tata motors and away from maruti.
# huge speculative component of over 1 lakh crores which gives ample room for correction in stock price.
# lack of electric vehicle and even diesel portfolio is expected to hurt the company further.
# The stock seems to be heading towards 6400 in next few days.
# Tata Motors seems to be firing from all cyliders. Massive investments of last 4 years is expected to bear fruit in next 2-3 years.
Note
# By the end of the trading day, Tata motors witnessed buying while maruti suzuki witnessed selling allbeit not very aggressive but considering the upday, the selling from institution was evident as around 1000 crores traded.# This confirms the portfolio shift theory.
Note
on 30th July 2021 (next day) the stock attempted a pull back from yesterday's fall in first half to reach a high of 7095 which got sold in later half to a low of 6970. While tata motors dvr was up again. This again confirms the shift happening. 2 days of consecutive close below 7000 suggest the crack in the company's stock price. Will watch out 6500 levels immediately in next 2-3 days or max by next week.
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