Trending stocks: Tata Motors shares gain nearly 1%

A total of 1,453,285 shares changed hands on the counter till 10:36AM (IST).

Agencies

Total market cap of the Tata Motors Ltd. stood at Rs 32866.68 crore at the time of writing this report. 

NEW DELHI: Shares of Tata Motors Ltd. traded 0.52 per cent up in Thursday's trade at 10:36AM (IST). Around 1,453,285 shares changed hands on the counter.

The stock opened at Rs 106.5 and touched an intraday high and low of Rs 106.8 and Rs 104.6, respectively, in the session so far. Shares of the company of Tata Motors Ltd. quoted a 52-week high of Rs 201.8 and a 52-week low of Rs 63.6.

Total market cap of the Tata Motors Ltd. stood at Rs 32866.68 crore at the time of writing this report.


Key Financials
The company reported consolidated net sales of Rs 61949.39 crore for the quarter ended 31-Mar-2020, down 12.81 per cent from previous quarter's Rs 71051.42 crore and down 27.69 per cent from the year-ago quarter's Rs 85676.33 crore.

Shareholding pattern
As of 31-Mar-2020, DIIs held 6.14 per cent stake in the firm, while foreign institutional investors held 16.84 per cent and the promoters 42.39 per cent.
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Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of -2.72 and a price-to-book ratio of 0.6. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Tata Motors Ltd. belongs to the Auto - Cars/UV/CV industry.
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