Espresso shot of the day – Tata Motors Ltd - DVR up by 12.85 percent

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Espresso shot of the day – Tata Motors Ltd - DVR up by 12.85 percent

September 15, 2021
Espresso shot of the day – Tata Motors Ltd - DVR up by 12.85 percent

TATA MOTORS LTD - DVR 161.55 (+12.85%) BSE – INE9155A01020 | 15TH SEPTEMBER 2021


Tata Motors Group (Tata Motors) is a USD 44 billion organisation. It is a leading global automobile manufacturing company. Its diverse portfolio includes an extensive range of cars, sports utility vehicles, trucks, buses and defence vehicles. Tata Motors is one of India's largest OEMs, offering an extensive range of integrated, smart and e-mobility solutions.

Differential Voting Rights (DVR) shares are shares that are permitted to be issued with differential voting and differential dividend rights. DVR shares are different from ordinary shares in two distinct ways. Firstly, they offer lower voting rights compared to ordinary shares. These DVR shares are therefore very useful for companies that want to raise money in the market without diluting effective control of the company. Secondly, to compensate for the lower voting rights, these DVR shares are paid a dividend premium of 10% to 20%.

Recent Drivers

  • On Sept 14, 2021, Tata Motors said it has inked a pact with Tata Power to install and operate a 3 MWp rooftop solar project at its passenger vehicle business unit (PVBU) plant in Pune.
  • On Sept 13, 2021, Tata Motors announced the launch of the CNG variant of the Tata 407, starting at Rs 12.07 lakhs.
  • On Sept 3, 2021, Tata Motors inaugurated 70 new sales outlets across South India in one go, as part of its retail acceleration strategy. Spread across 53 cities, the new outlets have been strategically mapped to key emerging markets of the Southern region.
  • On Sept 1, 2021, eSports firm Yuvin announced that it has signed Tata Motors as the title sponsors for the upcoming Yuvin Valorant Invitational (YVI) tournament, scheduled to be held from Sept 2 to 5, 2021. Valorant is a first-person hero shooter game developed and published by Riot Games.
  • On Aug 31, 2021, Tata Motors announced its launch of the electric vehicle variant, the Tigor EV.
  • On Aug 28, 2021, the Wrestling Federation of India (WFI) and Tata Motors strengthened their knots announcing extension of their partnership till the 2024 Olympics.
  • On July 26, 2021, Tata Motors – DVR reported net sales at Rs 11,904.19 crores in June 2021, up 343.05% from Rs 2,686.87 crores in June 2020.
  • On June 14, 2021, Tata Motors said its Board has approved a proposal to raise up to Rs 500 crores through the issue of securities on a private placement basis.
(Sources: The Hindu Business Line, BSEIndia.com, Times of India, Livemint, Moneycontrol)


Technical Force*

  • S&P BSE 100 month till date gain up by 0.77%
  • Spurt in volume by more than 16.11 times compared to previous vol. | 3 months avg. volume: 1,82,572
  • Quantity traded: 19,37,033 | Deliverable quantity: 8,50,098 (43.89%)
  • Stock price has jumped more than 200% from one-year-low level: 54 (Oct 15, 2020)
  • Daily RSI (14) is in Overbought territory today
  • 52-week-high: 169.65 | 52-week-low: 54

Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

 153.00

118.70

96.95

62.65

40.90

6.60

-

    -

Fibonacci Pivot

118.70

97.29

84.06

75.54

62.65

49.76

41.24

28.01

6.60


Today’s Close

161.55

SMA

BSE

10 DAY

142.32

20 DAY

139.32

50 DAY

140.40

200 DAY

127.07


Some Key Ratios (Source: BSE)

Market Cap: 8,214.86 crores

PE: -5.38

OPM%: 2.24

ROE%: -8.01

Promoters holding%: 7.67

Prev. Close: 143.15

*Chart And Technical Force data taken from the Binge desktop app.

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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.