BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Religare maintains buy on Tata Motors
Jaguar Land Rover wholesale volumes for August grew by a robust 28 per cent to Rs 42,260 units in Q1 similar to retail growth of 26 per cent to 36,926 units. We expect Jaguar volumes to swell further as XFL is launched in China. Land Rover will also benefit from the new Discovery being unveiled on 28 September and from the Evoque convertible.