Being a Traders' favourite and low price stock, the news will be played by market players in a large way and even, It may continue as trading favourite for 1-2 days. Be cautious.
Investors looking for multibeggar will dare to take position in this stock, as some market analysts have expressed the same earlier.
plans to give the ambassador a complete makeover. Ambassador’s familiar rounded rear squab and curvaceous sloping hood will give way to an aerodynamic bonnet with straight lines and a new boot with integrated tail lights. The new ambassador will also have new engine calibrations to suit the BSIV norms, safety features such as anti-lock brake systems. New ambassador will also get alloy wheels and leather seas. There will also be an integrated music system and instrument cluster catering to the needs of the new generation. “There are a whole lot of plans for the Ambassador. We are working on several options and the changes are part of the plan. While some smaller changes will be introduced soon, larger macro variations will be incorporated in due course,” says Jha Manoj Jha, managing director, .