Tata Motors Ltd sees good buying

Tata Motors Ltd is quoting at Rs 319.15, up 2.92% on the day as on 12:54 IST on the NSE. The stock is up 159.89% in last one year as compared to a 64.52% spurt in NIFTY and a 39.56% spurt in the Nifty Auto index.

Sep 23, 2021 01:09 IST capital market

Tata Motors Ltd gained for a third straight session today. The stock is quoting at Rs 319.15, up 2.92% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.31% on the day, quoting at 17776.85. The Sensex is at 59749.72, up 1.4%. Tata Motors Ltd has risen around 14.06% in last one month.

Meanwhile, Nifty Auto index of which Tata Motors Ltd is a constituent, has risen around 5.3% in last one month and is currently quoting at 10284.6, up 0.68% on the day. The volume in the stock stood at 281.34 lakh shares today, compared to the daily average of 231.12 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 318.9, up 2.54% on the day. Tata Motors Ltd is up 159.89% in last one year as compared to a 64.52% spurt in NIFTY and a 39.56% spurt in the Nifty Auto index.

The PE of the stock is 0 based on TTM earnings ending June 21.

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