Tata Motors Ltd sprints 0.6%, rises for fifth straight session

Tata Motors Ltd is trading at Rs 412.35, up 0.6% on the day as at 12:44 pm IST on the NSE. The stock is down 15.1% in the past year compared to a 0.26% gain in NIFTY and a 17.02% gain in Nifty Bank.

Tata Motors Ltd won for the fifth consecutive session today. The stock is trading at Rs 412.35, up 0.6% on the day as at 12:44 PM IST on the NSE. The benchmark NIFTY is up about 1.07% on the day and stands at 17976.3. The Sensex stands at 60623.66, an increase of 1.11%. Tata Motors Ltd added about 3.7% in the past month.

Meanwhile, the Nifty Bank index, of which Tata Motors Ltd is a part, has added about 7.42% in the past month and is currently trading at 13190.9, up 1.32% on the day. Volume in the stock stood at 61.49 lakh shares today, compared to the daily average of 136.24 lakh shares over the past month.

The November benchmark futures contract for the stock is trading at Rs 413.85, up 0.53% on the day. Tata Motors Ltd is down 15.1% over the past year compared to a 0.26% gain in NIFTY and a 17.02% gain in the Nifty Bank index.

The stock’s PE is 0 based on TTM earnings ending June 22.

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(This story has not been edited by Business Standard staff and is generated automatically from a syndicated feed.)

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