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Tata Motors Ltd gains for third straight session
09-Nov-18   13:05 Hrs IST

Tata Motors Ltd is up for a third straight session today. The stock is quoting at Rs 197.5, up 1.36% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.16% on the day, quoting at 10581.85. The Sensex is at 35167.9, down 0.2%. Tata Motors Ltd has gained around 4.64% in last one month.

Meanwhile, Nifty Auto index of which Tata Motors Ltd is a constituent, has gained around 3.55% in last one month and is currently quoting at 9219.5, up 0.66% on the day. The volume in the stock stood at 156.97 lakh shares today, compared to the daily average of 174.42 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 197.05, up 1.7% on the day. Tata Motors Ltd is down 53.26% in last one year as compared to a 2.52% jump in NIFTY and a 17.04% jump in the Nifty Auto index.

The PE of the stock is 28.07 based on TTM earnings ending September 18.

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