April 5, 2018 / 5:50 AM / 20 days ago

BUZZ-India's Tata Motors surges for 4th day, hits 1-month high

** Tata Motors Ltd continues to gain for fourth straight session; potential gains seen for company from U.S.-China trade war

** Stock climbs as much as 3.6 pct to 368.3 rupees, its highest since March 5

** China’s plan to impose 25 pct tariffs, including on automobiles imported from the United States, can be beneficial for Tata Motors’ Jaguar Land Rover unit - Nomura says

** Nomura rates stock at ‘buy’ with TP of 526 rupees

** Stock has fallen 24 pct in past one year up to Wednesday

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