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Tata Motors stock hit by Karl Slym's death

Tata Motors stock hit by Karl Slym's death

At 12:06 pm, the Tata Motors stock was trading lower by 4.26 per cent and 3.18 per cent on the BSE and NSE, respectively.

Tata Motors stock fell on the BSE and NSE after the company's managing director Karl Slym died on Sunday after falling from the 22nd floor of a five-star hotel in Bangkok, where he had gone to attend a board meeting of the company's Thailand arm.

At 12:06 pm, the Tata Motors stock was trading lower by 4.26 per cent and 3.18 per cent on the BSE and NSE, respectively.

Slym, 51, died after the fall from the hotel in Yannawa district, police were quoted as saying on the website of The Nation newspaper.


Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
Published on: Jan 27, 2014, 12:12 PM IST
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