Investors and all stakeholders of Tata group shares should not unduly be worried about the recent spat between Ratan Tata and Cyrus Mistry. I was very much impressed with Big Bull Rakesh Jhunjhunwala’s observation that the ages old Tata group survived two world wars and still excel in making anything from pins to cars to being a technological giant would certainly overcome the Mistry exit saga with dignity in the days to come. Tata group is a charitable house whose business model is different from others and yet they excel on delivery because they follow certain principles of ethics and governance. Rakesh understands the Indian stock markets like nobody else which is why he is called the ‘Big Bull’ and the most successful individual investor of our land. Like the Tata’s, he too is inclined towards charity and perhaps inspired by the Tata group, he has pledged to donate around a billion dollars when he turns sixty in half a decade. This is a golden opportunity to buy Tata shares at discount and I am sure most investors should feel relieved after hearing the ace investor who is a guru in stock picking!
(The views expressed by the author in the article are his/her own.)