Sandeep Shenoy positive on Tata Motors, M&M

Sandeep Shenoy of Anand Rathi Financial Services told CNBC-TV18, "Two of the most resilient stocks as well as in the markets seem to be Tata Motors and Mahindra and Mahindra. We are quite positive on these two names and we feel that not only on relative basis but even on a absolute basis these would outperform the markets on a broader perspective."

Mahindra and Mahindra touched its 52-week high Rs 1,026.45 and 52-week low Rs 741.50 on 20 May, 2013 and 28 August, 2013, respectively. Currently, it is trading 22.67 percent below its 52-week high and 7.05 percent above its 52-week low. Market capitalisation stands at Rs 48,889.54 crore. Tata Motors touched its 52-week high Rs 337.05 and 52-week low Rs 234.80 on 10 January, 2013 and 06 September, 2012, respectively. Currently, it is trading 9.24 percent below its 52-week high and 30.28 percent above its 52-week low. Market capitalisation stands at Rs 98,458.97 crore.