prasad1
Active member
When Tata Motors Ltd. (TTMT) bought Jaguar and Land Rover in 2008 for $2.5 billion from Ford Motor Co. (F) (F), investors greeted the announcement by selling its stock. Those who held on may be sitting on a jackpot.
Tata Motors is by far the-best performing major auto maker stock this year. It’s up a whopping 76% compared to second placed Toyota (TM) at 23% and third placed General Motors (GM) which is up around 19% year to date ending April 18.
Jaguar and Land Rover are worth $14 billion, according to the average estimate of three analysts surveyed by Bloomberg; making the names worth more than Fiat and Suzuki Motors, both developed market power house brands.
Another Indian success story.
Jaguar and Land Rover are worth $14 billion, according to the average estimate of three analysts surveyed by Bloomberg; making the names worth more than Fiat and Suzuki Motors, both developed market power house brands.
Another Indian success story.
