For India's Tata Motors (TTM),
it's both the best of times and the worst of times. The company's JLR
business (Jaguar and Land Rover) has never been stronger, and the
company continues to gain share in key growth markets like China. On the
other hand, the company's domestic passenger vehicle business is fading
into irrelevance, and competition is picking up in the commercial
vehicle space. Tata doesn't appear to have a demanding valuation today,
particularly if the domestic business can turn around, but investors
need to be prepared for above-average volatility if they venture here.
Continue here:
Tata Motors Riding JLR Until The Wheels Fall Off
No comments:
Post a Comment