VK Sharma of HDFC Securities is of the view that Tata Motors DVR is a good bet and feels that one may prefer Ashok Leyland.
VK Sharma of HDFC Securities told CNBC-TV18, "In the auto sector one thing is very clear that the truck manufacturers are going to move ahead and Ashok Leyland is a much better play. Tata Motors (DVR) is still a good bet. Historically it has quoted at a premium to the main frontline stocks also. Hope that the discount could reduce, so Tata Motors DVR is a good bet for the current series."
At 12:18 hrs Tata Motors (DVR) was quoting at Rs 380.50, up Rs 8.80, or 2.37 percent. It has touched a 52-week high of Rs 382.45.
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