Tata Motors Ltd. (TTM) is going global. Just look at the recent headlines about the stock:
India’s Tata, Mahindra eyeing Jaguar, Rover: report – This is not necessarily something I personally support or like but as a part of global expansion, I would deem it ok.
With this kind of explosive growth, the stock seems to be a great buy. Even with the 5% increase in the stock price today, the ADR trades at a modest discount (~0.7%).