Tata Motors can reach 850-860 levels: Fayeza Hafizee

ET Now spoke to Fayeza Hafizee, Vice President, Institutional Sales, Intime Spectrum Securities Ltd, on Tata Motors.

ET Now: Do you like what you saw of the global numbers of Tata Motors?

Fayeza Hafizee: Definitely. Tata Motors, stock wise too, has not seen a dramatic move in this recent rally. So according to me, the numbers are good and I would definitely keep it in my portfolio.

Would I go very overweight? No, but I would definitely buy a small position in Tata Motors right now. If the markets continue to rally, the stock could move up to around 850-860 levels at least.