Feb 15, 2017 04:45 PM IST | Source: CNBC-TV18

Remain invested in Tata Motors: Shahina Mukadam

Shahina Mukadam, Independent Market Expert is of the view that one may remain invested in Tata Motors.

Shahina Mukadam, Independent Market Expert told CNBC-TV18, "Tata Motors’ numbers were very disappointing and which is reflecting in the stock price. However, if you see overall margins, which were absolutely affected in this quarter, both on the domestic front, the losses were much higher than expected. As well as on Jaguar-LandRover -- the margins were much lower than what has been anticipated and also volumes -- both these should improve in FY18."

"This is one stock which sees a lot of buying at lower levels. So if an investor is there already in the stock, I think one can look at lower levels to add an average rather than get out of the stock at current levels and book a loss. So as a longer-term investor, I would remain invested," she said.


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