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Rights Issue to be EPS Accretive for Tata Motors: SBI Cap Sec
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Rights Issue to be EPS Accretive for Tata Motors: SBI Cap Sec
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Published On: January 28, 2015
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Mahantesh Sabarad, deputy head of research at SBI Cap Securities, told NDTV that Rs 7,500 crore rights issue will help Tata Motors to substantially reduce its interest cost in the future, offsetting the impact from higher equity base.
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