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 TMLDiscover 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!
