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Tata Motors Share Price Today on : At 19 Sep 13:00 today, Tata Motors shares are trading at price 962.7, 0.03% up from the previous closing price. Sensex is trading at 83209.79, up by 0.32%. The stock has hit a high of 978.9 and a low of 959.2 during the day.

On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 days SMA

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 976.53, 993.42, & 1002.63, whereas it has key support levels at 950.43, 941.22, & 924.33.

Till 1 PM today, the volume traded on NSE & BSE for Tata Motors was 85.44% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

Overall, as per Mint technical analysis, The stock’s continued downtrend suggests a bearish trend is underway..

From a fundamental analysis perspective, the company has a ROE of 48.22% .The current P/E of the stock is at 8.29 .

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 up 0.03% today to trade at 962.7 while its peers are mixed. Its peers such as Jupiter Wagons, Force Motors are falling today, but its peers Maruti Suzuki India, Ashok Leyland are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.34% & 0.32% each respectively.

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Aniket Pujari

Blogger | Content Creator | Finance | Crypto | Internet things
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