Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
13 November, 2018 08:16 IST
Moody's downgrades Tata Motors to Ba2 with 'Stable' outlook
Source: IRIS | 16 Jul, 2018, 09.54AM
Comments  |  Post Comment

Moody's Investors Service has today downgraded to Ba2 from Ba1 the corporate family rating (CFR) for Tata Motors (TML).

At the same time, Moody's has downgraded the company's senior unsecured instrument ratings to Ba2 from Ba1. The rating outlook is stable.

The stock had underperformed the market over the past one month till Jul. 13, 2018, falling 13.47% compared with the Sensex's 2.25% rise. It underperformed the market in past one quarter, declining 25.57% as against 6.87% rise in the Sensex.

Shares of the company declined Rs 5.3, or 2.01%, to trade at Rs 258.85. The total volume of shares traded was 149,806 at the BSE (9.39 a.m., Monday).

Tata Motors Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Security Code type    into this box
Related Articles
Lupin launches generic Atovaquone oral suspension in US - 12-Nov-2018 16:06
Zydus Cadila gets USFDAs nod for anti-fungal ointment - 12-Nov-2018 13:40
NHB sanctions Rs 35 bn refinance facility to PNB Housing Finance - 12-Nov-2018 13:17
BHEL commissions 120 MW Pulichintala hydro-electric project - 12-Nov-2018 12:55
Tata Consultancy Services partners with ENGIE Laborelec - 12-Nov-2018 12:52
Lupin gets establishment inspection report for Nagpur unit - 12-Nov-2018 09:56
GAIL fast tracks North East feeder gas pipeline project - 12-Nov-2018 09:43
Biocon's new generic facility in Bengaluru completes inspection - 12-Nov-2018 09:35
Cipla gets USFDA final approval for Valganciclovir tablets - 12-Nov-2018 09:32
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer