Trending stocks: Tata Motors shares slump 5% in early trade

NEW DELHI: Shares of Tata Motors traded 4.78 per cent down in Friday's trade at 10:17AM (IST). Around 84,448 shares changed hands on the counter.

The scrip opened at Rs 42.5 and touched an intraday high and low of Rs 43.3 and Rs 42.25, respectively, in the session so far. Shares of the company of Tata Motors Ltd. quoted a 52-week high of Rs 84.4 and a 52-week low of Rs 28.35.

Total market cap of the Tata Motors Ltd. stood at Rs 30843.4 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 company, 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 P/E multiple of -29.12 and a price-to-book ratio of 0.56. 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.