Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. India
  4. Bombay Stock Exchange
  5. Tata Motors Limited
  6. News
  7. Summary
    500570   INE155A01022

TATA MOTORS LIMITED

(500570)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Tata Motors : India's Nifty at 2-month high as COVID-19 cases continue to decline

05/18/2021 | 06:45am EDT

BENGALURU, May 18 (Reuters) - India's blue-chip Nifty index closed at a two-month high on Tuesday, boosted by banking stocks, as daily coronavirus cases declined for a fifth straight day.

The NSE Nifty 50 index rose 1.24% to close at 15,108.10, and the benchmark S&P BSE Sensex also rose 1.24% to 50,193.33. Last week, they lost 0.9% each.

Daily COVID-19 cases in the world's second-worst pandemic-hit country rose by 263,533, remaining below the 300,000 mark first seen on Monday since April 21. However, deaths rose by a record 4,329.

"The rise (on Tuesday) can be attributed to a decline in India's COVID cases and stability in the global markets," said Ajit Mishra, head of research at Religare Broking Ltd

"Banking and auto have witnessed decent traction in the last two sessions after underperforming for nearly a month or two. Indications are in the favor of prevailing up move to continue thus we suggest continuing with the 'buy on dips' approach," he added.

The Indian rupee on Tuesday strengthened above the 73 per dollar level since end-March. It was last quoted at 73.0450 rupees against the dollar.

Tata Motors Ltd closed 3.5% higher, ahead of its quarterly results.

Bharti Airtel Ltd extended losses to end 2.4% lower after reporting quarterly results on Monday.

Globally, shares rose and the dollar dipped to near three-month lows as bets that U.S. interest rates would remain low helped investors look past rising COVID-19 infections in Asia.

(Reporting by Rama Venkat in Bengaluru; Editing by Vinay Dwivedi)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
BHARTI AIRTEL LIMITED 2.68% 580.2 End-of-day quote.13.92%
TATA MOTORS LIMITED 2.34% 303.75 End-of-day quote.65.35%
All news about TATA MOTORS LIMITED
08/03TATA MOTORS : increases passenger vehicle prices by 0.8%; Offers price protectio..
AQ
08/03Asian ADRs Move Lower in Tuesday Trading
MT
08/03Indian auto part makers want Tesla's entry to benefit local companies
RE
08/03GENERAL ANNOUNCEMENT : :Increase in Passenger Vehicle Prices
PU
08/02TATA MOTORS : Increases Price of Passenger Cars
MT
08/02TATA MOTORS : Form 6-K)
PU
08/02Asian ADRs Climb Higher in Monday Trading
MT
08/02TATA MOTORS : Monthly Sales July 2021
PU
08/02TATA MOTORS : increases passenger vehicle prices by 0.8%
PU
08/02Indian shares end higher as energy, auto stocks gain
RE
More news
Financials
Sales 2022 2 987 B 40 265 M 40 265 M
Net income 2022 22 988 M 310 M 310 M
Net Debt 2022 705 B 9 508 M 9 508 M
P/E ratio 2022 72,1x
Yield 2022 0,07%
Capitalization 1 082 B 14 573 M 14 589 M
EV / Sales 2022 0,60x
EV / Sales 2023 0,45x
Nbr of Employees 75 278
Free-Float 58,2%
Chart TATA MOTORS LIMITED
Duration : Period :
Tata Motors Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TATA MOTORS LIMITED
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Last Close Price 303,75 INR
Average target price 349,00 INR
Spread / Average Target 14,9%
EPS Revisions
Managers and Directors
Marc Llistosella Y. Bischoff Chief Executive Officer & Managing Director
Thomas Flack Co-President & Chief Purchasing Officer
Rajendra Petkar Co-President & Chief Technology Officer
Ravindra Kumar G.P Co-President & Chief Human Resources Officer
Pathamadai B. Balaji Group Chief Financial Officer
Sector and Competitors
1st jan.Capi. (M$)
TATA MOTORS LIMITED65.35%14 573
TOYOTA MOTOR CORPORATION26.37%256 551
VOLKSWAGEN AG34.56%149 676
DAIMLER AG31.08%97 193
GENERAL MOTORS COMPANY39.00%82 732
GREAT WALL MOTOR COMPANY LIMITED30.83%75 249