Sell Tata Motors with a target of Rs 920: UBS

Margins for domestic business could contract and the volume growth in JLR is likely to moderate to 12-14 per cent says UBS. Find the recommendations for Idea, JSW Steel, Aditya Birla Nuvo, Torrent Pharma, Infosys, HCL Tech, Kalpataru Power, RCom and RIL. These are long term calls.

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