Tata Motors shares which stood at Rs 437.55 on April 6 closed near its record high of Rs 624.65 hit in the last trading session (July 7, 2023). During the session, the stock also hit an intraday low of Rs 592.25 on BSE. The auto stock has surged 467% in three years.
Tata Motors share price: On technical setup, the counter's 14-day relative strength index (RSI) came at 77.51. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-earnings (P/E) ratio of 75.29. It has a price-to-book (P/B) value of 9.14.
Tata Motors JLR Sales: Jaguar Land Rover (JLR) vehicles owned by Tata Motors are in great demand these days. Retail sales of JLR stood at 1,01,994 units | BLiTZ
Wholesales, excluding those of Chery Jaguar Land Rover China JV, were at 93,253 units in the first quarter, up 30 per cent as compared to the year-ago period.
Tata Motors shares hit an all-time high of Rs 612.40 in the current session against the previous close of Rs 600.80 on BSE. The auto stock has surged 42% this year and zoomed 462% in three years.
JLR announces sales for Q1FY24 equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
The Coventry-based maker of luxury SUVs like Range Rover, Discovery and Discovery said sales during the first quarter of the financial year 2024 improved significantly on the back of a continuous improvement in chip and other supply constraints.