Tata Motors Share Price Today on
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 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.