According to Hemang Jani, the possible impact of the Tata Technology IPO on Tata Motors has already been factored into the stock price. While the IPO is positive, investors should be mindful of double counting its impact. Tata Motors has performed well in recent months, especially in the Jaguar Land Rover and commercial vehicle segments. However, Jani suggests caution with auto ancillary stocks like Ceat and Apollo Tyres due to raw material prices and their recent run-up.
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