Tata Motors Share Price Today on 10-10-2024: On the last trading day, Tata Motors opened at ₹933.05 and closed at ₹928.85. The stock reached a high of ₹943.95 and a low of ₹911.15 during the day.
Tata Motors Share Price Today on : At 10 Oct 16:00 today, Tata Motors shares are trading at price ₹928.85, -1.1% down from the previous closing price. Sensex is trading at ₹81611.41, up by 0.18%. The stock has hit a high of ₹943.95 and a low of ₹911.15 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 :
| Days | Simple Moving Average |
|---|---|
| 5 | 934.00 |
| 10 | 957.09 |
| 20 | 969.81 |
| 50 | 1036.71 |
| 100 | 1008.00 |
| 300 | 958.56 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹945.58, ₹961.17, & ₹978.38, whereas it has key support levels at ₹912.78, ₹895.57, & ₹879.98.
Till 4 PM today, the volume traded on NSE & BSE for Tata Motors was 67.42% 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 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 8.09 .
The median 1-year forecasted upside in this share is at 26.07% with a target price of ₹1171.00.
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 -1.1% today to trade at ₹928.85 while its peers are mixed. Its peers such as Force Motors are falling today, but its peers Jupiter Wagons, BALU FORGE INDUSTRIES, SML Isuzu are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.07% & 0.18% each respectively.
