Vijay Chopra of enochventures.com told CNBC-TV18, "One should hold on to Tata Motors. My sense is that there is a huge possibility that once this stock crosses Rs 510-520 mark then probably it can hit the Rs 550 mark as well. The Jaguar Land Rover (JLR) numbers have been more or less good. They have been launching new models lately. As late as yesterday, they launched a model. So, we have to wait and see what kind of response comes from the market."
"I am sure that on the basis of the sales which JLR has been showing quarter on quarter, the strength it has been showing, I am sure that this stock has a decent upside. So, definitely hold on to the stock. The first target for me is Rs 510 and then Rs 550," he added.
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