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

    The week in charts: Climate maths, rising inflation, crypto price

    Every Friday, Plain Facts publishes a compilation of data-based insights with easy-to-read charts to help you delve deeper into the stories reported by Mint in the week gone by. The…

    Spread the love

    India News Today Live Updates on November 15, 2024 : The week in charts: Climate maths, rising inflation, crypto price

    India News Today Live Updates: Trending India News brings you the most significant stories and developments from across the nation, covering everything from politics and economy to culture and technology.…

    Spread the love

    Leave a Reply

    Your email address will not be published.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

    You Missed

    China set to report retail sales and industrial production data for October

    China set to report retail sales and industrial production data for October

    The week in charts: Climate maths, rising inflation, crypto price

    The week in charts: Climate maths, rising inflation, crypto price

    India News Today Live Updates on November 15, 2024 : The week in charts: Climate maths, rising inflation, crypto price

    India News Today Live Updates on November 15, 2024 : The week in charts: Climate maths, rising inflation, crypto price

    Fighting conspiracy theories with comedy? That’s what the Onion hopes after its purchase of Infowars

    Japan GDP expands by 0.3% in third quarter, snapping two quarters of year-on-year declines

    Japan GDP expands by 0.3% in third quarter, snapping two quarters of year-on-year declines

    Powell comments, Japan GDP, China retail sales,

    Powell comments, Japan GDP, China retail sales,