A Tata stock loss as the company takes over Jaguar and Land Rover


The Indian truck maker company Tata Motors lost on the stock market after it took over the Jaguar and Land Rover units of Ford Motor Co. The company got the bid of the two companies for $2.3 billion.

The stock value of Tata Motors fell by almost 7.3% and its cost was 638.45 at the Bombay Stock Exchange .The Indian stock exchange lost by 0.8% and the market analyst said that the company profits may fall by next year by 30% .