Buy Tata Motors on correction: Baliga

Ambareesh Baliga, Independent Analyst advised buying Tata Motors, if it falls by another Rs 25-30 per share.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney SME Special
moneycontrol.com

Home » News » Stocks Views

Feb 16, 2013, 01.25 PM | Source: CNBC-TV18

Buy Tata Motors on correction: Baliga

Ambareesh Baliga, Independent Analyst advised buying Tata Motors, if it falls by another Rs 25-30 per share.

Like this story, share it with millions of investors on M3

Buy Tata Motors on correction: Baliga

Ambareesh Baliga, Independent Analyst advised buying Tata Motors, if it falls by another Rs 25-30 per share.

Post Your Comments

Share Cancel

Ambareesh Baliga (more)

Market Analyst, Independent | Capital Expertise: Equity - Fundamental ,IPO

Ambareesh Baliga, Independent Analyst advised buying Tata Motors , if it falls by another Rs 25-30 per share.

Baliga told CNBC-TV18, “If I see another dip of Rs 50-60 more from here in SBI , clearly at those levels it becomes a buy. Dr Reddys has been on the buy radar for quite a while. Tata Steel at these levels I really don’t see much downside because already it has corrected from those Rs 428-430 levels to the current levels. I think the downside is just about another Rs 5-8 from here. So I think at these levels it would be bought.”

“Tata Motors - I will wait for a while longer. If it falls another Rs 25-30 more from here, I think at those levels I will start buying Tata Motors,” Baliga added.

Tata Motors rebounded quite sharply on Friday despite poor results in Q3, rising 2.5 percent to close at Rs 304.05 amid high volumes on Bombay Stock Exchange.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Buy Tata Motors on correction: Baliga

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login