My Best Pick 2013

The best bargain

Tata Motors’ DVR are available at 40% discount to ordinary shares. The gap will narrow as growth prospects improve

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Why would I pick an automobile manufacturer as my best pick when the sector itself appears to have hit a speed breaker in India’s currently potholed economy? It’s because the Tata Motors legend is one hell of a trip. It winds, coasts, struggles, dips and rises again in the manner of all great journeys. Investors have to ride Tata Motors with finesse and a light hand. The reasons for this faith follow.