Owners of Jaguar and Range Rover, India-based Tata Motors designs, manufactures, and sells automobiles and all things machine-related.
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at a PE less that 8 this looks like a good buy. Add to that that the Indian government is moving to free money, oil is going down (this means that India won't frear inflation as much) and we might have a good buyAlso, Jag and Rover keep on selling more cars.Another thing, though the books are frozen for the dividend, it is still going up. The people buying the stock know they won`t get this dividend, the people selling the stock know they will. It is a 1% insentive to sell.