rakesh jhunjhunwala: Will Big Bull Jhunjhunwala's Rs 730 crore stock bet pay off?
NEW DELHI: One stock that ace investor Rakesh Jhunjhunwala bought recently was Tata Motors. The Big Bull’s 1.29 per cent stake purchase in the Tata Group firm is worth Rs 730 crore today, after the stock rallied 37 per cent in the past three months. With Brexit concerns out of the way, can this stock deliver even better returns? Dalal Street analysts have mixed views on the stock, with a consensus ‘hold’ as they want to see further signs of improvement in the business. “Tata Motors has this habit of making a lot of promise, but not actually delivering. When it delivers, it is one-off...