Prefer Tata Motors, M&M over Maruti stocks: Sharmila Joshi
The Maruti plant at Manesar reopens currently at production rate of about 150 cars per day. Experts, Sharmila Joshi, head-equity of Fairwealth Securities, and Yogesh Vinod Mehta, AVP and group leader of PCG advisory for equities at Motilal Oswal Securities, discuss effects of the reopening of Maruti’s plant. Sharmila Joshi, however, prefers investing in Tata Motors and Mahindra and Mahindra for the time being as Maruti stocks may take a while to regrow.
