The Tata group has been making headlines, thanks to a battle royale playing out between the Mistrys and Ratan Tata. While there has been a lot of board room drama that has captured media attention, as investors you have to cut off the noise to see what really matters. That brings me to my stock of the year, Tata Motors. The stock has outperformed both the benchmark and peers over the past one year on the back of strong performances of JLR and India units. We believe this should continue owing to strong lead indicators of its performance in the coming quarters.
My Best Pick 2017
Tata Motors' free cash flows should be significant after it completes JLR's capex cycle and unlocks value in some of its subsidiaries
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