InvestorQ : can we buy tatamotors @currren levels,if it's buy target?
nagabhushan made post

can we buy tatamotors @currren levels,if it's buy target?

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Ria Jain answered.
2 weeks ago
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You need to be a tad cautions about the stock. The stock had rallied nearly 100% to the Rs.150 levels just a few weeks back and has now corrected back to the Rs.127 levels. The good news on the JLR front pick up is already factored in the rally.

The risk is that while production of cars is picking up, the last mile demand at the dealer showroom is still not robust. That could be the bottleneck. Even in the global market, which is where JLR focuses on, the real worry could be the revival of pandemic cases globally.
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