Short Tata Motors: Prakash Diwan

Short Tata Motors, says Prakash Diwan of Asit C Mehta Investment Intermediates.

Diwan told CNBC-TV18, "Short Tata Motors. Being a very high debt balance sheet this is one company that is distinctly going to face the heat in terms of higher interest cost burden and given the fact that auto in any case as a sector has seen a flattish growth going ahead. I like to give a short call on Tata Motors with a target price of Rs 925 and stop loss of Rs 1,015." Click HERE to know the rules and follow the score card