Tata Motors Share Price Today on
On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 880.76 |
10 | 895.81 |
20 | 919.71 |
50 | 991.05 |
100 | 1002.92 |
300 | 967.43 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹892.53, ₹903.07, & ₹919.28, whereas it has key support levels at ₹865.78, ₹849.57, & ₹839.03.
Till 4 PM today, the volume traded on NSE & BSE for Tata Motors was -10.19% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, The stock is currently experiencing a strong downtrend.
From a fundamental analysis perspective, the company has a ROE of 48.22%
The median 1-year forecasted upside in this share is at 30.53% with a target price of ₹1147.00.
The company has a 0.00% promoter holding, 4.76% MF holding, & 20.54% FII holding as per filings in the september quarter.
The MF holding has increased from 4.52% in june to 4.76% in the september quarter.
The FII holding has increased from 18.12% in june to 20.54% in the september quarter.
Tata Motors share price up 1.66% today to trade at ₹878.7 while its peers are mixed. Its peers such as Maruti Suzuki India, Ashok Leyland are falling today, but its peers Jupiter Wagons, Force Motors are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.65% & 0.76% each respectively.
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