FUNDAMENTAL STOCK VIEW:
TATA MOTORS LTD.
View: Stock seems fully priced.
Recommendation:
Book profits or avoid new investments.
About Company:
Tata Motors is India's largest commercial vehicle manufacturer.
It acquired the CV division of South Korean auto major Daewoo in 2004.
The Company bought ownership of iconic car brands ‘Jaguar’ and ‘Land Rover’ from the Ford Motor Co in 2008.
The Company launched world’s low cost car “nano” in 2009.
The...
