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Tata Motors Ltd drops for fifth straight session

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Tata Motors Ltd is quoting at Rs 216.7, down 2.32% on the day as on 13:19 IST on the NSE. The stock tumbled 35.68% in last one year as compared to a 9.23% rally in NIFTY and a 26.68% fall in the Nifty Auto index.

Tata Motors Ltd fell for a fifth straight session today. The stock is quoting at Rs 216.7, down 2.32% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.32% on the day, quoting at 11678.95. The Sensex is at 38841.92, up 0.29%.Tata Motors Ltd has gained around 27.58% in last one month.Meanwhile, Nifty Auto index of which Tata Motors Ltd is a constituent, has increased around 3.36% in last one month and is currently quoting at 8587.9, down 1.12% on the day. The volume in the stock stood at 181.02 lakh shares today, compared to the daily average of 398.97 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 218.45, down 2.39% on the day. Tata Motors Ltd tumbled 35.68% in last one year as compared to a 9.23% rally in NIFTY and a 26.68% fall in the Nifty Auto index.

The PE of the stock is 26.27 based on TTM earnings ending December 18.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 26 2019. 13:35 IST
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