StockPick for this week is Tata Motors
Tata Motors is the largest automobile manufacturer in India with a leading presence in commercial vehicles with a presence across small, light, medium & heavy commercial vehicles. The company is also one of the leading players in the passenger vehicle segment. In June 2008, the company acquired Jaguar Land Rover from Ford for an amount of $2.3 billion. JLR is present in the premium and luxury vehicle segment and presence across multiple regions like North America, China, Europe and UK. Tata Motors recently has hived off its passenger vehicle unit into a separate subsidiary while the electric passenger vehicle business is under a separate subsidiary, Tata Passenger Electric Mobility (TPEML). The company currently is the leader in passenger electric vehicles in India.
Credits – Yash Gosavi & Varija Srivastava
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DISCLAIMER: THE STOCK ANALYSIS/VIEW IS ONLY FOR EDUCATIONAL PURPOSES AND DO NOT CONSIDER IT AS A BUY OR SELL ADVICE.