Rakesh Jhunjhunwala bullish on Tata Motors, Escorts

Rakesh Jhunjhunwala of Rare Enterprises told CNBC-TV18, "I am very bullish on Tata Motors and Escorts. Escorts has done very well and there is great scope for improvement."

On November 1, Tata Motors closed at Rs 384.45, up Rs 4.25, or 1.12 percent. Tata Motors touched its 52-week high Rs 393.00 and 52-week low Rs 261.30 on 15 October, 2013 and 05 April, 2013, respectively. On November 1, Escorts closed at Rs 103.70, up Rs 6.75, or 6.96 percent. Escorts touched its 52-week high Rs 104.50 and 52-week low Rs 48.35 on 01 November, 2013 and 28 March, 2013, respectively.