Cherry blossoms in falling market: 10 Stocks to buy for 16-64% profit

Sat, Aug 31, 2013 at 15:59

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Tata Motors

Target: Rs 390

Potential Upside: 34%

Rationale:  Higher volumes in Jaguar Land Rover, a richer product mix and favourable exchange rate resulted in very stronguperformance, both in terms of operating and financial margins. Going forward strong growth outlook in Jaguar Land Rover and new launches in the domestic market would help the company to maintain sustainable growth both in terms of revenue and profitability.

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