Buy Tata Motors (DVR): Emkay

Emkay Global Financial Services is bullish on Tata Motors (DVR), and has recommended buy rating on the stock in its April 18, 2011 research report.

April 19, 2011 / 09:52 IST

26 Aug, 2025 12:21

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Emkay Global Financial Services is bullish on Tata Motors (DVR) and has recommended buy rating on the stock in its April 18, 2011 research report.

"Tata Motors, (TML)'s DVR is trading at attractive valuations of FY12E PER/EV-EBIDTA of 4.1x/3.3x, offers ~9% div. yield (over 15 months) and trades at a disc. of 44% to the ordinary share. Barring Korean companies, the 44% discount for TML

first published: Apr 19, 2011 09:48 am

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