Hold Tata Motors: Abhijit Chakraborty

Abhijit Chakraborty, Sr VP - Institutional Equity of Fortune Equity Brokers is of the view that one can hold Tata Motors.

Chakraborty told CNBC-TV18, "We have been continuously bullish on Tata Motors mainly driven by the increase in the volumes and sales from Jaguar-Land Rover (JLR). Couple of launches by JLR especially the Evoque and the new XF diesel, they have done much better than what the analysts were expecting and I think the record number of dispatches which have been seen in the month of December augurs well for the coming quarters as well.