Q: What about Tata Motors, can the current price be justified? Are you revising your price targets there?
A: Fundamentally, it’s difficult to recommend buying Tata Motors at these levels. First of all the biggest chunk of revenue at about 65-70% still comes from JLR which is geared to the
This is a decent answer - the guy talks about headwinds for the company, says that financial performance is difficult to predict, and that a risky earnings stream trading at high valuations is not to be recommended. Anyone who buys after this knows that she is taking a pure punt. This is what a good analyst should do.
1 comment:
will be at 1000 sonner than anyone believes!
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