TTM: Tata Motors

Tata Motors: manufactures cars and commercial automotive vehicles in India. The Company designs, manufactures and sells heavy commercial, medium commercial and small commercial vehicles including trucks, tankers, vans, buses, ambulances and minibuses.The company was formerly known as Tata Engineering and Locomotive Company Limited and changed its name to Tata Motors Limited in July 2003. Tata Motors Limited was founded in 1945 and is based in Mumbai, India.

TTM has a forecasted Earnings Growth Rate of 29.00% and a current PE of 9.4 forecasted EPS of $2.89 per share and a growth to PE ratio of 3.9 and is growing sales at 21% per year. Its annual sales should fairly value the company at 40 dollars per share, current price to sales ratio is .65. 

This is a great time to get into TTM, the Sensex has stabilized, TTM chart looks very good technically, great entry above the 150dma and put a stop in just below. My target is 37 medium term and this is a great long-term hold. This is the GM of India (well that is before GM sold more Viagra's then cars anyway).