Mar 14, 2018 03:07 PM IST | Source: CNBC-TV18

Hold Tata Motors, says Shahina Mukadam

According to Shahina Mukadam, Independent Market Expert, one may hold Tata Motors.

CNBC TV18 @moneycontrolcom

Shahina Mukadam, Independent Market Expert told CNBC-TV18, "I personally hold Tata Motors and I think this is a stock that can cause some short term pain because as we know JLR sales is the major contributor both to the top line and the bottom-line. We are seeing some bit of sluggishness both in UK as well as in US especially given the trade barriers."

She further added, "I think if the investor can hold it for the long term should average it as slightly lower levels may be closed to Rs 320 and hold for the medium to longer term."
Follow us on
Available On