Sharekhan maintains cautious stance on Tata Motors after dismal Q1
  • WebDesk BTVI
  • Jul 26 2019

Tata Motors has nearly doubled its loss in the first quarter of FY20 as declared on their Q1 earnings on Thursday. Bharat Gianani of Sharekhan says it will be difficult for Tata Motors to maintain EBIT margin guidelines. He continues to maintain a cautious stance on the auto major and advises investors to avoid bottom fishing on Tata Motors stock.