I’ve been invested in Tata Motors for quite some time and added more when it was at 100ish levels ( pre-split), so yes, it has given me very good returns in last few years and I recently exited at 500+ ! What you mention about driver-less car is true, but that is to me a little beyond the current issues in China. Remember that their recent great profitability was quite a lot due to China, which accounts now for 25% of their revenues.
I also do not overlook the fact that Tata Motors needs cash constantly to keep up growth and that they’re not doing as well in domestic market with their local brands. In fact the last time they offered rights at 330, the stock dived way below that. In last 15 years, they have sought money 3 times from capital markets.
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