- TTM is a classic, textbook example of a value stock that has ultimately made it. The vaccines, the Britain-EU deal, and the Tesla buzz catalyzed its meteoric share price growth.
- Its sales growth trend is continuing. The firm's FQ3 consolidated sales expressed in rupees that encompass both the Tata Motors brand and Jaguar Land Rover rose by 5.5%.
- The report illustrates that the company has been successful in its efforts to deleverage and generate FCF.
- Even after the meteoric share price rise, TTM still remains a value stock, which makes me more optimistic about its capital appreciation prospects.
For further details see:
There Is A Lot To Like About Tata's FQ3 Results