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Manish Kumar positive on Tata Motors, M&M

Manish Kumar, EVP and CIO, ICICI Prudential Life Insurance is positive on automobile stocks including Tata Motors and Mahindra and Mahindra (M&M).

August 14, 2013 / 17:25 IST
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Manish Kumar, EVP and CIO, ICICI Prudential Life Insurance told CNBC-TV18, "We are positive on the auto sector like Tata Motors and Mahindra and Mahindra (M&M) and we are also quite overweight on this sector.

Tata Motors touched its 52-week high Rs 337.05 and 52-week low Rs 231.65 on 10 January, 2013 and 13 August, 2012, respectively. Currently, it is trading 5.27 percent below its 52-week high and 37.84 percent above its 52-week low. Market capitalisation stands at Rs 102,771.98 crore.
first published: Aug 14, 2013 05:25 pm

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