Defence stocks offer long-term visibility, but valuations still stretched: Sandip Sabharwal

Defence stocks offer long-term visibility, but valuations still stretched: Sandip Sabharwal

Tata Motors has been under the spotlight in recent weeks after a major cyber attack impacted its Jaguar Land Rover (JLR) operations. The development raised concerns over the company’s near-term prospects, but market expert Sandip Sabharwal believes the situation may not be as alarming as it initially seemed. “No, not really. Because what happened was … Read more

Jefferies picks Tata Motors, Maruti, 7 other stocks to buy this reason

Jefferies picks Tata Motors, Maruti, 7 other stocks to buy this reason

Shedding its ‘underperformer’ tag of the past four years, the Indian auto sector is all set to post a double-digit earnings CAGR over FY23-26E making it a prize catch for the investors, Jefferies said in a note while picking 9 stocks as buys out of the 11 in its auto universe coverage. Jefferies picks Tata … Read more