Trending stocks: Tata Motors shares rise nearly 2%

NEW DELHI: Shares of Tata Motors Ltd. traded 1.65 per cent up in Wednesday's trade at 09:49AM (IST). Around 413,680 shares changed hands on the counter.

The stock opened at Rs 81.8 and touched an intraday high and low of Rs 83.3 and Rs 80.8, 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 25468.59 crore at the time of writing this report.


Key Financials
The company reported consolidated net 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 -24.05 and a price-to-book ratio of 0.46. 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.