A piece of good news is on the way for all long-term shareholders of TATA Motors. Let's find out more about it in the article as we go ahead…
Introduction:
Good news is coming for all long-term shareholders of TATA Motors. If we talk about the main issue of TATA Motors, it is their debt. The company has a long-grown debt in its books which is huge. The company has now raised more debt to repay the old one.
Good News:
Conclusion:
This is a good thing for a company to reduce its costs, here, the overall debt of the company is not reducing but the financing cost can be marginally decreased. The business of the company is also doing well in both India and Foreign Markets as well as in the segment of electric vehicles. Hence, the investors are happy with additional good news.