Tata Motors has seen a 35% decline in its stock price, in the last three months. The recent Volkswagen scandal added to its losing streak and it is now trading almost 40% below the Trefis estimate of $37. We feel that at current levels, the market might be undervaluing Tata Motors. The future growth prospects of the company have been impacted by the slowdown in the Chinese economy, but the market seems to have discounted growth opportunities completely.
Tata Motors has seen a 35% decline in its stock price, in the last three months. The recent Volkswagen scandal added to its losing streak and it is now trading almost 40% below the Trefis estimate of $37. We feel that at current levels, the market might be undervaluing Tata Motors. The future growth prospects of the company have been impacted by the slowdown in the Chinese economy, but the market seems to have discounted growth opportunities completely.
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