BUZZ-India's Tata Motors may fall after unit JLR's Feb sales disappoint

** Tata Motors shares may fall on

lower-than-expected sales at key unit Jaguar Land Rover (JLR)

in February

** JLR's Feb 15 wholesales came in at 38,541 units, down 1.2

pct yoy; below estimates of about 42,200 units - Analysts

** This could be due to lower despatches to China for the

Evoque to clear inventory to start local production and gradual

ramp-up for new models - Nomura

** Underlying demand for the JLR's products remains strong -

Analysts

** Stock trades at discount to Indian rivals on one-year

forward P/E basis

Tata Motors 8.2

Maruti Suzuki India (BSE: MARUTI6.BO - news) 21.6

Mahindra and Mahindra 19.7

(Reuters Messaging:

abhishek.vishnoi.thomsonreuters.com@reuters.net)