Trending stocks: Tata Motors share price surges nearly 20%

NEW DELHI: Shares of Tata Motors Ltd. traded 19.83 per cent up in Thursday 's trade at 03:17PM (IST). Around 163475765 shares changed hands on the counter.

The counter opened at Rs 85.95 and touched an intraday high and low of Rs 93.7 and Rs 85.95 , respectively, in the session so far. The stock quoted a 52-week high of Rs 239.35 and a 52-week low of Rs 63.65 .

Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 24140.33 Crore) operating in Auto sector.


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 6.1448307 per cent stake in the company , while foreign institutional investors held 16.83676 per cent and the promoters 42.39437 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of -26.72 and a price-to-book ratio of 178.76 .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 'nil' growth in the business.

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