Profit

Buy Tata Motors: Ambit

PUBLISHED ON: April 13, 2011 | Duration: 12 min, 47 sec

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Saurabh Mukherjea, head of equities at Ambit says Tata Motors is currently trading at 30-40% below its five-year average PE. He recommends a buy on the stock on expectations of a 20% rise in the near future.
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