Stock market news: Tata Motors shares leap nearly 8%

NEW DELHI: Shares of Tata Motors Ltd. traded 7.73 per cent up in Tuesday's trade at 11:49AM (IST). Around 6107201 shares changed hands on the counter. The stock opened at Rs 137.8 and touched an intraday high and low of Rs 144.9 and Rs 135.9, respectively, in the session so far.

The stock quoted a 52-week high of Rs 213.65 and a 52-week low of Rs 63.5.

Tata Motors-owned Jaguar Land Rover (JLR) reported 11.9 per cent dip in sales in the second quarter this fiscal to 1,13,569 units as compared to the same period previous year. The company's sales, however, improved by 50 per cent during the July-September quarter as against 74,067 units in April-June period of the current fiscal, JLR said in a statement.


Financials
Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 44234.11 Crore) operating in Auto sector.

For the quarter ended 30-06-2020, the company has reported a Consolidated sales of Rs 31481.86 Crore, down 49.18 per cent from last quarter Sales of Rs 61949.39 Crore and down 48.25 per cent from last year same quarter Sales of Rs 60830.16 Crore. Company has reported net loss after tax of Rs 8384.22 Crore in latest quarter.

Tata Motors Ltd. key Products/Revenue Segments include Motor Vehicles which contributed Rs 57868.04 Crore to Sales Value (97.05 per cent of Total Sales), Other Operating Revenue which contributed Rs 1390.36 Crore to Sales Value (2.33 per cent of Total Sales), Sale of services which contributed Rs 365.17 Crore to Sales Value (0.61 per cent of Total Sales) and Income From Financial Services which contributed Rs 1.12 Crore to Sales Value (0.00 per cent of Total Sales)for the year ending 31-Mar-2018.

Promoter holding
Promoters held 42.39 per cent stake in the company as of quarter ended 31st Jun 2020.

Valuation ratio
It quoted a price-to-earnings ratio of -2.65 and price to book value of 0.41.