Hold Tata Motors, says Sharmila Joshi

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Hold Tata Motors, says Sharmila Joshi

Hold Tata Motors, says Sharmila Joshi, Investment Advisor.

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Excerpts from Your Stocks on CNBC-TV18 Watch the full show » ALSO READ See previous views by Sharmila Joshi See what other Experts & Brokerages are saying about Tata Motors See messages about Tata Motors Tata Motors BSE | NSE 10/02/12 Are Mutual Funds betting on Tata Motors?

Hold Tata Motors , says Sharmila Joshi , Investment Advisor.

Joshi told CNBC-TV18, "In Tata Motors overall the result expectation and the news that was there a couple of weeks back that the debt that they wanted for Jaguar-Land Rover (JLR) that is also been tied up and the numbers on commercial vehicle (CV) sales, the pickup is showing very well for Tata Motors. So it's a good stock to hold on to. But you must give a slightly longer time period for decent returns."

Disclosure: I have no personal holding in the above stock/sector but may have recommended them to clients.