Buy Tata Motors on dips: Shrikant Shetty

Buy Tata Motors on dips, says Shrikant Shetty of Unicon Investments.

Shetty told, CNBC-Awaaz, "One should buy Tata Motors at current price level; it is good time to buy the stock at low valuation. The stock can give effective return in future."
The company touched its 52-week high Rs 320.60 and 52-week low Rs 137.65 on 20 Apr, 2012 and 13 Sep, 2011, respectively. Currently, it is trading -18.87% below its 52-week high and 88.96% above its 52-week low.