HomeNewsBusinessStocksLook at Tata Motors: Devang Mehta

Look at Tata Motors: Devang Mehta

Devang Mehta of Anand Rathi Financial Services is of the view that one can look at Tata Motors.

August 20, 2015 / 16:55 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Devang Mehta of Anand Rathi Financial Services told CNBC-TV18, "I think the sense lies in accumulating such stocks if you are a value investor. Problems in China and Europe will persist for at least three to six months but if somebody has a 12-18 months horizon then Tata Motors can be a business which is an opportunity in so called adversities.""I think this seems to be a good opportunity that one should start accumulating and accumulate on every dip possible, maybe there can be a 5-7 percent correction more from here, nobody knows but then this could fetch you great returns over a period of 18-24 months," he said.

first published: Aug 20, 2015 04:53 pm

Discover 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!