ECB Stimulus Augurs Well for Tata Motors: SBI Cap
Mahantesh Sabarad, deputy head of research at SBI Cap Securities, told NDTV that Jaguar Land Rover may see substantial recovery in demand post announcement of quantitative easing in Europe. Tata Motors is trading at steep discount to its peers in terms of its valuation and re-rating may happen in the stock if business fundamentals improve, said Mr Sabarad.
