NEW DELHI: Shares of Tata Motors Ltd. traded 1.78 per cent up in Friday’s commerce at 11:22AM (IST). Round 34,312,511 shares modified arms on the counter.
The stock opened at Rs 143.1 and touched an intraday excessive and low of Rs 146.eight and Rs 141.65, respectively, within the session to date. Shares of the corporate of Tata Motors Ltd. quoted a 52-week excessive of Rs 201.7 and a 52-week low of Rs 63.5.
Whole market cap of the Tata Motors Ltd. stood at Rs 45114.46 crore on the time of penning this report.
The corporate reported consolidated web 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 web loss for contemporary quarter stood at Rs 8437.99 crore, up 128.16 per cent from the identical quarter a yr in the past.
As of 30-Jun-2020, DIIs held 6.21 per cent stake within the firm, whereas overseas institutional traders held 15.62 per cent and the promoters 42.39 per cent.
In accordance with BSE information, the stock traded at a P/E a number of of -2.68 and a price-to-book ratio of 0.41. The next P/E ratio reveals traders are keen to pay the next price due to higher future progress expectations. price-to-book value signifies the inherent value of an organization and is the measure of the price that traders are able to pay even for no progress within the enterprise.
Tata Motors Ltd. belongs to the Auto – Vehicles/UV/CV trade.