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Tata is going to make money in LCV segment and sale of NANO cars .LCV is growing at 52% and stagnant growth of Car segment. M&HCV is in the negative side. NANO will generate revenue for further growth.
But on the flip side , Tata has generated lot of money through fixed deposits which carries an interest rate of 12.85%,which is very high ,when all other interest rates are less.
Any way for reaching a price Rs. 300 ,the existing EPS and P/E is more than enough .
But wait for some time ....Now the price is less because of negative growth in CV Market during 2008-09 and projected negative growth in 2009-10