TATA MOTORS LTD
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Tatamotors Looks it has reached the saturation point.

Here on it will bounce a little bit and will trace back to the three quarters earnings. Sales estimate is not as per expectation and the Earnings is not in normal workings. it has a boost from taxation around 87% this has led the spike in EPS. apart from this not a cracking numbers. our view is after a temporary bounce it will trace back to the previous lows.

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