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Non-disclosure of monthly sales data irks Tata Motors' investors

All listed automobile manufacturers in India follow the practice of monthly disclosure of volumes

Tata motors
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Tata Motors is the leader in the commercial vehicle market with more than 60 per cent share

Shally Seth Mohile Mumbai
Tata Motors’ decision to switch to quarterly reporting of sales data from the industry practice of doing it on a monthly basis has not gone down well with the company’s investors and proxy advisory firms. 
 
They argued this dilutes the disclosure norms and hides critical information about the company from shareholders and analysts which can have a major impact on the company’s stock movement.
 
Listed automobile manufacturers in India follow the practice of monthly disclosure of volumes.“If the rest of the companies can do it, why Tata Motors can’t? This makes it seem like they have something to hide,” said

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