Tata Motors' net profit for the fourth quarter more than doubled. Prayesh Jain, analyst at IIFL India Private Clients says, the valuations are attractive at current levels, given that the earnings momentum might remain strong over the next couple of years. “We have a target price of around Rs 309 for Tata Motors,†he adds.
first published: May 30, 2012 01:09 pm
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