Friday, September 25, 2020

Tata Motors Share Price: Stock market news: Tata Motors shares climbs over 3%


NEW DELHI: Shares of Tata Motors Ltd. traded 3.41 per cent up in Friday’s commerce at 12:17PM (IST). Round 134,878 shares modified arms on the counter.

The scrip opened at Rs 58.5 and touched an intraday excessive and low of Rs 59.5 and Rs 58.15, respectively, within the session to date. The inventory of Tata Motors Ltd. quoted a 52-week high of Rs 84.four and a 52-week low of Rs 28.35.

Complete market cap of the Tata Motors Ltd. stood at Rs 38689.four crore on the time of scripting this report.

Key Financials

The corporate reported consolidated gross sales of Rs 31481.86 crore for the quarter ended 30-Jun-2020, down 49.18 per cent from earlier quarter’s Rs 61949.39 crore and down 48.25 per cent from the year-ago quarter’s Rs 60830.16 crore.

The online loss for contemporary quarter stood at Rs 8437.99 crore, up 128.16 per cent from the identical quarter a 12 months in the past.

Shareholding sample

As of 30-Jun-2020, domestic institutional investors held 6.21 per cent stake within the agency, whereas overseas institutional buyers held 15.62 per cent and the promoters 42.39 per cent.

Valuation ratio

In line with BSE knowledge, the inventory traded at a P/E a number of of -2.Three and a price-to-book ratio of 0.41. The next P/E ratio exhibits buyers are prepared to pay a better value due to higher future progress expectations. Worth-to-book worth signifies the inherent worth of an organization and is the measure of the value that buyers are able to pay even for no progress within the enterprise.

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





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