Seeking Alpha: Tata Motors Riding JLR Until The Wheels Fall Off

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

Investopedia: Tata Motors - A Tale Of Two Businesses

Tata Motors (NYSE:TTM) is arguably one of the best-known Indian companies, due in no small part to the fact that it is was among the first Indian companies to list on a U.S. exchange. What's more, analysts and investors have long been excited by the potential of selling cars and trucks to such a large and growing economy.

While that all sounds good, the year-to-year reality has been more challenging. Due in part to poor designs, questionable customer experiences, and inefficient infrastructure, Tata has had considerable challenges in its domestic passenger vehicle business, while the commercial vehicle business has struggled in the face of tougher economic conditions. That leaves the company even more dependent upon Jaguar Land Rover – a growing luxury brand with good exposure to China as well as recovering markets in North America and Europe. Many of the metrics for Tata Motors suggest undervaluation, but a long-term cash flow analysis suggests that investors may still be expecting more than this company can deliver for the long term.

Please read more here:
http://www.investopedia.com/stock-analysis/090313/tata-motors-tale-two-businesses-ttm-f-cmi-bamxy.aspx