*Tata Motors May sales at 64,347 nos.* Tata Motors' total sales (including exports) of Tata commercial and passenger vehicles in May 2012 were 64,347 vehicles, higher by 4%, over May 2011. The company's domestic sales of Tata commercial and passenger vehicles for May 2012 were 60,128 nos., higher by 6%, over 56,571 nos., sold in May last year.
Cumulative sales (including exports) for the company for the fiscal are 124,433 nos., lower by 2%, over 126,353 nos., sold last year. *Commercial Vehicles* The company's sales of commercial vehicles in May 2012 in the domestic market were 39,625 nos., a 7% growth, compared to 37,170 vehicles, sold in May last year. LCV sales were 27,174 nos., a growth of 26%, compared to 21,638 vehicles sold in May, last year. M&HCV sales stood at 12,451 nos., lower by 20%, compared to 15,532 vehicles sold in May, last year. Cumulative sales of commercial vehicles in the domestic market for the fiscal are 74,272 nos., a growth of 1% over last year. Cumulative LCV sales are 51,992 nos., a growth of 17% over last year, while M&HCV sales stood at 22,280 nos., lower by 24%, over last year. *Passenger Vehicles* Sales of passenger vehicles for May 2012 are at 20,503 nos., a growth of 6% over 19,401 nos., sold in May last year. Sales of the Tata Nano were 8,507 nos., higher by 31%, compared to 6,515 nos., sold in May, last year. The Indica range sales were 5,467 nos., lower by 1%, over 5,497 nos., sold in May, last year. The Indigo range recorded sales of 3,397 nos., lower by 20%, over 4,268 nos., sold in May, last year. The Sumo/ Safari/ Aria/ Venture range are flat at 3,132 nos., in this month. Cumulative sales of passenger vehicles were 43,161 nos., higher by 1%, compared to 42,788 nos., till May last year. Cumulative sales of the Nano are flat at 16,535 nos. Cumulative sales of the Indica range are 12,380 nos., higher by 27%. Cumulative sales of the Indigo family are 7,066 nos., lower by 26%. Cumulative sales of the Sumo/Safari/ Aria/ Venture range are 7,180 nos., higher by 3%. Jaguar Land Rover sales in India continued their upward trend. *Exports* The company's sales from exports at 4,219 vehicles in May 2012 are lower by 24% compared to 5,534 vehicles in May last year. The cumulative sales from exports for the fiscal at 7,000 nos., are lower by 29% over 9,792 nos., in the same period last year. On Thu, May 31, 2012 at 5:02 PM, shyam pherwani <[email protected]>wrote: > *Q: What did you make of Tata Motors >> <http://www.moneycontrol.com/india/stockpricequote/auto-lcvshcvs/tata-motors/TM03>numbers >> and how have you approached that name now? >> * >> >> Samir Arora : We have it. Our thesis in life has been not to sell when >> stocks are down 10%, so we had it before today and we still have it. A few >> weeks ago when I was on your channel that day, Cognizant had fallen 19% in >> one day. Although I didn’t own it and I still don’t own it, I said that it >> is ridiculous how fund managers can sell stocks like that. In this bad >> market since then that stock is up more than 10% from that day. >> >> The point is my belief is that fund managers act differently when they >> are playing with their own money or investing their own money and then they >> invest as fund managers. I have always behaves with the fund money that it >> is my money. So would I just sell a stock down 10% as if there is some >> fraud that is being discovered tonight on a company, which has 4 multiple >> because we own the DVR and which has 3% plus yield and a 4 multiple. You >> may not buy it today which even we have not bought, but to sell it down 10% >> is basically playing with other people's money and we don’t do that >> > -- > Warm regards, > > Shyam Pherwani > > -- CA. Rajesh Desai -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
