Tata Motors share are down by -3.57%, Nifty down by -2.02%

Tata Motors Share Price Today on : At 03 Oct 14:00 today, Tata Motors shares are trading at price 930.85, -3.57% down from the previous closing price. Sensex is trading at 82515.4, down by -2.08%. The stock has hit a high of 950.3 and a low of 925.35 during the day.

On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 980.25, 995.15, & 1005.9, whereas it has key support levels at 954.6, 943.85, & 928.95.

Overall, as per Mint technical analysis, The stock is currently experiencing a strong downtrend.

From a fundamental analysis perspective, the company has a ROE of 48.22% .The current P/E of the stock is at 8.32 .

The median 1-year forecasted upside in this share is at 26.77% with a target price of 1180.00.

The company has a 41.86% promoter holding, 4.52% MF holding, & 18.12% FII holding as per filings in the september quarter.

The MF holding has decreased from 5.16% in june to 4.52% in the september quarter.

The FII holding has decreased from 18.18% in june to 18.12% in the september quarter.

Tata Motors share price down -3.57% today to trade at 930.85 while its peers are mixed. Its peers such as Maruti Suzuki India, Ashok Leyland, Jupiter Wagons, Force Motors are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are down -2.02% & -2.08% each respectively.

Spread the love
  • Aniket Pujari

    Aniket Pujari is a visionary entrepreneur and dedicated content creator who has made significant contributions to the digital media landscape. As the founder of Minute To Know News, he has established himself as a leading figure in the world of finance, cryptocurrencies, and Internet-related topics.

    Related Posts

    Pakistan: News anchor becomes latest victim of ’deepfake menace’ as explicit video goes viral

    A Pakistani news anchor has found herself in the eye of a viral storm after explicit videos attributed to her began circulating online. The incident also comes mere weeks after…

    Spread the love

    Christmas Box Office race: Sonic 3 outpaces Mufasa with $6.5 million preview—Can it keep the lead?

    The Christmas holiday box office race is in full swing, with two major films vying for dominance. “Sonic the Hedgehog 3” and “Mufasa: The Lion King” are facing off this…

    Spread the love

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Bank of America likes Nvidia going into 2025

    Bank of America likes Nvidia going into 2025

    Bitcoin as national asset may generate $81 trillion

    Bitcoin as national asset may generate $81 trillion

    AI speeding development of humanoid robots, but investors skeptical

    AI speeding development of humanoid robots, but investors skeptical

    Pakistan: News anchor becomes latest victim of ’deepfake menace’ as explicit video goes viral

    Pakistan: News anchor becomes latest victim of ’deepfake menace’ as explicit video goes viral

    Starboard sees a chance to create value at Riot Platforms

    Starboard sees a chance to create value at Riot Platforms

    Christmas Box Office race: Sonic 3 outpaces Mufasa with $6.5 million preview—Can it keep the lead?

    Christmas Box Office race: Sonic 3 outpaces Mufasa with $6.5 million preview—Can it keep the lead?