Tata Motors Share Price: Current Trends and Key Metrics

As of September 27, 2024, the share price of Tata Motors Ltd. stood at 993.00, marking a slight increase from its previous close. The stock has experienced a mixed performance in recent periods, with a 0.10% rise from its previous closing price of 970.85.

Current Share Price and Trading Details

The current share price of Tata Motors is 993.00 on the NSE and 992.40 on the BSE. The stock opened at 996.00 and has seen a volume of over 10 million shares traded, with a value of 75,344.99 lakhs. The 52-week high for Tata Motors shares is 1,179.00, while the 52-week low is 608.30.

Market Capitalization and Key Metrics

Tata Motors has a market capitalization of approximately 3,57,681 crore. The company's Price-to-Earnings (P/E) ratio stands at 10.59, and the Price-to-Book (P/B) ratio is 3.74. The Return on Equity (ROE) for the year ending March 31, 2024, was 36.97%, outperforming its 5-year average of -1.07%.

Recent Performance and Trends

In the last week, Tata Motors' share price moved down by 1.68%, and over the last month, it declined by 10.45%. However, the stock has shown a significant 3-year return of 213.08%, surpassing the Nifty 100's return of 50.53% during the same period. Despite a quarterly revenue decline of 9.74%, which is the lowest in the last three years, the company's long-term performance remains robust.

Investment Insights

Investors should be cautious but optimistic about Tata Motors, given its strong ROE and market performance. The company's beta of 2.09 indicates higher volatility compared to the market. For those considering investment, it is crucial to analyze the stock's PE and PB ratios, which are 10.59 and 3.74, respectively, and to keep an eye on the support and resistance levels, with a support zone seen at 945-954 and a target of 1049-1065 in the short term.