tata motors (Citi) Increasing Capex = Adding Beta to the Business

Sharp increase in JLR's capex guidance; JLR's business strategy: in a state of transition; Domestic business' 4Q results disappoint; JLR falls short of revenue and profit expectations; Balance sheet: Overall debt reduction a positive
Date Rating Target Price Recommendation Price Broker house
27 May 2011 buy 1533 1161 Citi Report

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