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Buy Tata Motors on dips: Parag Thakkar

Parag Thakkar of HDFC Securities suggests buying Tata Motors on dips.

August 05, 2016 / 16:41 IST
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Parag Thakkar of HDFC Securities told CNBC-TV18, "I have always said Tata Motors is the cheapest large cap stock in India and at 4.5 times EV/EBITDA such a large business of Rs 3 lakh crore topline and Rs 40,000 crore EBITDA. I think any big dip which comes due to global volatility either in China or Europe is a great buying opportunity in this stock."

first published: Aug 5, 2016 04:41 pm

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