NEW DELHI: Shares of Tata Motors Ltd. traded 1.74 per cent up in Thursday’s commerce at 10:51AM (IST). Round 2,458,405 shares modified fingers on the counter.
The stock opened at Rs 139.85 and touched an intraday excessive and low of Rs 142.65 and Rs 139.35, respectively, within the session to date. Shares of the corporate of Tata Motors Ltd. quoted a 52-week excessive of Rs 201.Eight and a 52-week low of Rs 63.6.
Whole market cap of the Tata Motors Ltd. stood at Rs 43400.08 crore on the time of penning this report.
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.
As of 30-Jun-2020, home institutional buyers 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.
In accordance with BSE information, the stock traded at a P/E a number of of -2.58 and a price-to-book ratio of 0.8. The next P/E ratio exhibits buyers 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 buyers are able to pay even for no progress within the enterprise.
Tata Motors Ltd. belongs to the Auto – Vehicles/UV/CV trade.