Jan 22, 2014, 06.12 PM IST
"We have done a lot of consolidation to make sure that we operate as one company," said Karl Slym, MD, Tata Motors.
Tags Tata Motors, Karl Slym, passenger cars, petrol power trains, new vehicles, commercial vehicle, profitability, consolidation
Like this story, share it with millions of investors on M3
Consolidated operations to enhance efficiency: Tata Motors
"We have done a lot of consolidation to make sure that we operate as one company," said Karl Slym, MD, Tata Motors.
Like this story, share it with millions of investors on M3
Consolidated operations to enhance efficiency: Tata Motors
"We have done a lot of consolidation to make sure that we operate as one company," said Karl Slym, MD, Tata Motors.
We know that our company has grown. It has grown in individual packages across the country. Therefore, now we have done a lot of consolidation to make sure that we operate as one company.
In an exclusive interview with CNBC TV18's Ronojoy managing, director Karl Slym said that the company was also working towards bringing down its standalone debt levels which stood at Rs 19,000 crore at the end of last quarter.
"There is are nothing new – I am not going to come up with a new idea of how you end up restructuring the company. We know that our company has grown. It has grown in individual packages across the country. Therefore, now we have done a lot of consolidation to make sure that we operate as one company," Slym said. He added that consolidated operations will enhance efficiency.
What's more, the company will also launch a new quadricycle.
Talking about passenger cars, Slym said, "Our focus is on products. In fact in the last few days we have launched two new vehicles. Also a new brand, new family of petrol power trains, it is first time anyone has done that in India," he said.
As far as the commercial vehicle is concerned, Slym said the company has cornered 65 percent market share, which has only gone up in the last year.
Also read: Auto sector update for December, 2013: Microsec
However, the size of the market is now 50 percent of what it was two years ago. "As much as we have done to try and portray ideas to government on what can be done to assist not just Tata Motors, but the industry as a whole, we realised that we would have to wait until post elections before any of that can be considered seriously," said Slym.
Tata Motors stock price
On January 22, 2014, Tata Motors closed at Rs 385.30, up Rs 0.65, or 0.17 percent. The 52-week high of the share was Rs 405.00 and the 52-week low was Rs 252.10.
The latest book value of the company is Rs 59.47 per share. At current value, the price-to-book value of the company was 6.48.
Anda sedang membaca artikel tentang
Consolidated operations to enhance efficiency: Tata Motors
Dengan url
http://kebugaranhidup.blogspot.com/2014/01/consolidated-operations-to-enhance.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Consolidated operations to enhance efficiency: Tata Motors
namun jangan lupa untuk meletakkan link
Consolidated operations to enhance efficiency: Tata Motors
sebagai sumbernya
0 komentar:
Posting Komentar