Gopi Suvanam of InvestWorks told CNBC-TV18, “I would still stick to Maruti Suzuki primarily because there is some more way to go for the yen. Tata Motors, although it has shown reasonably good levels, good values in terms of its profitability numbers its European arm may not do that well going forward.”
He further added, “As we all know that Europe is not recovering as fast as I would expect. M&M has its own problems because of commercial vehicle slowdown etc. So, I would go with Maruti Suzuki in that space.”Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
