Prefer Tata Motors, says Jagdish Malkani

Jagdish Malkani, Member at BSE & NSE told CNBC-TV18, "I prefer Tata Motors, because it's run up has been heavy. Since the beginning of spring coming into commercial vehicles and when that sort of giant turns, Tata Motors is better poised to benefit from that turn around."

"Ashok Leyland being in one end of the space has been much more visible and it has had a great run, it has been a four bagger," he added.