Amisha Vora positive on Tata Motors

Amisha Vora of Prabhudas Lilladher told CNBC-TV18, "Amongst the auto space, Tata Motors continues to remain one of the very attractively priced stock but with the challenges that we have, limited visibility as far as their China exposure is concerned, at a time how the UK pound is going to impact them and also ultimate conversion into Indian currencies. So currency plays a very important role in terms of their earnings trajectory as well as exposed to a very different market."

"I feel with the correction which has already taken place, the stock looks interestingly poised with some of the global as well as domestic launches that they have planned over next 12 months and from an investment perspective, I will be positive on the stock," she said.