Tata Motors up by 11 Percentage | Espresso Market Updates



January 11, 2021

TATA MOTORS LTD.  220.10 (+11.11%)   BSE – INE155A01022 |   11th JAN 2021

Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company operating in Auto sector. Tata Motors Limited is a leading global automobile manufacturer of cars utility vehicles buses trucks and defence vehicles

Recent Drivers

Tata Motors has announced the launch of its new SUV in India which is code-named as the Gravitas. The company has promised that the new Safari will be arriving in showrooms this January

Tata Motors has launched its compact truck Intra V20 in Nepal pricing 19.75 lakh Nepalese rupees.

Tata Motors Limited today announced its sales in the domestic & international market, for Q3 FY21, which stood at 158,215 vehicles, compared to 129,381 units during Q3 FY20. Tata Motors registered domestic sales of 150,958 units in Q3 FY21. It registered a growth of 41% over Q2 FY21 and by 24% over Q3 FY20

Tata Motors ties up with Karnataka Bank in a joint effort to introduce attractive financing offers for its customers to purchase Tata cars. 

Brexit deal between the UK and the European Union has enthused investors of Tata Motors. After the deal, Jaguar Land Rover (JLR) can continue to export and import between the UK and the EU without any restrictions and additional overheads

Tesla to make India debut early in current year, 2021

Current year will be the year of electric cars in India.

Tata Altroz EV was shown to public at the Auto Expo 2020. Tata Motors’ electric vehicle   is expected to be packed with a 30kWh battery that will offer a range of around 300 km on a single charge. Altroz electric vehicle will be comparable to its non-EV version. The battery will take an hour to get charged up to 80%.

( source- Mint, Moneycontrol, techcrunch business standard )

Technical Force *

S&P BSE 500 month till date gain up by 24%

Share price hit fresh 52 week high price 225.00

Today’s candle indicate stock breakout with spurt in volume by 2.45 times

Stock price has jumped more than 100% in one year low level – 63.5, 24 MAR 20

Daily RSI(14) is in overbought territory for 2 periods

52 week high -225.52 week low -63.60

Today’s Close220.10
10 DAY193.23
20 DAY184.72
50 DAY171.27
200 DAY124.74

Some Key Ratio (Source- BSE)

Market Cap: 67,988.32 cr.

PE: -6.57

OPM%:  -3.13

ROE%: -61.69

* Chart And Technical Force data from 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.