Tata Motors will continue to do well: Prashastha Seth

In an interview with ET Now, Prashastha Seth, Senior Fund Manager, IIFL Wealth, gives his views on Tata Motors.

ET Now: What is the call on Tata Motors?

Prashastha Seth: As long as JLR volumes continue to surprise on the upside, you would probably have more steam left on this stock. You saw JLR coming up with some 3,35,000, very strong set of volumes from JLR and if those kind of volumes come in, you will see further re-rating happening in the stock.

Valuation wise, this stock is not that expensive. So as long as you see support coming in in terms of volume growth, this stock will continue to do well.