Why Tata Motors shares jumped 90% in six months

Tata Motors, which owns iconic Jaguar Land Rover brands, has witnessed the share price surge 90 per cent over the past six months.

During the same period, the BSE Sensex rose 10 per cent and BSE Auto index rose 21 per cent.

Analysts at Goldman Sachs, SBI Caps and BRICS Securities have put a buy rating and say that the share price could go up despite this sharp rise.