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$8.90 -0.50 (-5.32%)
7/3/2008 1:00 PM

Tata Motors Limited (ADR) (TTM)

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The Company designs, manufactures and sells vehicles, spare parts for its vehicles and engines for industrial and marine applications as well as construction equipment and information technology services.

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Avatar KempInTheWoods (89.71) Submitted: 8/30/06 6:32 PM : Outperform Start Price: $17.41 TTM Score: -45.42

The middle income group in India has nowhere to go but grow. This car manufacturer may be an order of magnitude smaller than Ford or GM - but they would kill for Tata's margins. Forward P/E around 13, yoy growth at 75%, 35% insider ownership. India may not be as car friendly as the U.S. but that won't stop sales.

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