Tata Motors Share Price | Tata Motors share in oversold zone, share will bounce back, earning opportunity – NSE: TATAMOTORS
Tata Motors Share Price | There have been ups and downs in the stock market for the last few days. Tata Motors shares fell 0.40% to Rs 876 on Wednesday (NSE: TATAMOTORS) But we have come. JM Financial brokerage firm has given important advice on Tata Motors shares. The brokerage firm has announced the target price of the share. (Tata Motors Limited Company Excerpt)
Tata Motors shares in oversold zone
According to JM Financial firm, the current level is very important for Tata Motors share. According to JM Financial firm, Tata Motors share has strong support between Rs 850 and Rs 860. According to experts, Tata Motors shares are quite 'oversold'. Experts have said that a bounce back from the support level may be seen. On Friday (25 October 2024), the stock was trading at Rs 864, down 1.84%.
tata motors share target price
Experts of JM Financial brokerage firm have given HOLD rating to Tata Motors share. Experts of JM Financial brokerage firm have given a target price of Rs 945 for Tata Motors share. It has also advised a stop loss of Rs 840.
Current status of stock
On Wednesday, October 23, Tata Motors shares were trading at Rs 876, down 0.40 per cent. On Thursday, October 24, the stock had risen 1.08 per cent to Rs 887.15. The company's shares have declined by 9.86 percent in the last one month.
How much return did the stock give?
Tata Motors has given 11.22% returns in the last six months. Tata Motors shares have given 35.32% returns in the last one year. Tata Motors share has given a return of 590.58 percent in the last 5 years. The stock has returned 10.80% on a YTD basis. The stock has given 2660 percent return in the long term.
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