Trending stocks: Tata Motors share price down nearly 3%

NEW DELHI: Shares of Tata Motors traded 2.89 per cent down in Thursday's trade at 09:55AM (IST). Around 76,305 shares changed hands on the counter.

The scrip opened at Rs 35.2 and touched an intraday high and low of Rs 35.6 and Rs 34.9, respectively, in the session so far. Shares of the company of Tata Motors Ltd. quoted a 52-week high of Rs 89.65 and a 52-week low of Rs 28.35.

Total market cap of the Tata Motors Ltd. stood at Rs 26040.05 crore at the time of writing this report.


Key Financials
The company reported consolidated sales of Rs 71051.42 crore for the quarter ended 31-Dec-2019, up 9.71 per cent from previous quarter's Rs 64763.39 crore and up 6.84 per cent from the year-ago quarter's Rs 76264.69 crore.

Shareholding pattern
As of 31-Mar-2020, domestic institutional investors 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.


Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of -24.59 and a price-to-book ratio of 0.47. 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.