Home News Indian Stock Market News Tata Motors Share Price: Stock market news: Tata Motors shares climb 3%

Tata Motors Share Price: Stock market news: Tata Motors shares climb 3%

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Tata Motors Share Price: Stock market news: Tata Motors shares climb 3%
NEW DELHI: Shares of Tata Motors traded 3.08 per cent up in Wednesday’s commerce at 10:10AM (IST). Round 1,330,161 shares modified palms on the counter.

The scrip opened at Rs 298.65 and touched an intraday excessive and low of Rs 307.5 and Rs 297.55, respectively, within the session to this point. The inventory of Tata Motors quoted a 52-week excessive of Rs 357 and a 52-week low of Rs 64.8.

Complete market cap of the Tata Motors stood at Rs 101933.45 crore on the time of scripting this report.

Key Financials

The corporate reported consolidated gross sales of Rs 76365.79 crore for the quarter ended 31-Dec-2020, up 40.99 per cent from earlier quarter’s Rs 54163.22 crore and up 5.22 per cent from the year-ago quarter’s Rs 72576.2 crore.

The online revenue for contemporary quarter stood at Rs 2906.45 crore, up 67.2 per cent from the corresponding quarter final 12 months.

Shareholding sample

As of 06-Feb-2021, home institutional buyers held 4.76 per cent stake within the agency, whereas international institutional buyers held 14.52 per cent and the promoters 46.41 per cent.

Valuation ratio

In accordance with BSE knowledge, the inventory traded at a P/E a number of of -6.48 and a price-to-book ratio of 0.41. A better P/E ratio reveals buyers are prepared to pay the next value due to higher future development expectations. Value-to-book worth signifies the inherent worth of an organization and is the measure of the worth that buyers are able to pay even for no development within the enterprise.

Tata Motors belongs to the Auto – Automobiles/UV/CV trade.

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