Tata Motors Share Price | Tata Motors share oversold on stock chart, beneficial update, share will make rich – NSE: TATAMOTORS
Tata Motors Share Price | Tata Motors Limited Company shares have crossed the level of Rs 900 after nine months. Tata Motors Limited Company (NSE: TATAMOTORS) The stock closed below Rs 900 on February 2, 2024. Tata Motors Limited Company shares had touched a high of Rs 878.80 in that session. (Tata Motors Limited Company Excerpt)
Tata Motors Ltd closed with losses in the last five trading sessions. At present the total market cap of Tata Motors Limited Company is Rs 3,35,025 crore. On Monday, October 21, this stock was trading at Rs 904 with a decline of 0.68 percent. On Tuesday (22 October 2024), the stock was trading at Rs 879, down 2.65%.
Tata Motors gave share return
Shares of Tata Motors Limited company have given 37 percent return in the last one year. The stock has given 79% returns in the last three years. The stock has given 125% returns in the last two years. Tata Motors shares have given a return of 565 percent in the last five years. Tata Motors share has given 15.23% return on YTD basis.
Tata Motors shares in oversold zone
From a technical point of view, Tata Motors Limited Company's share RSI was 28.1. Therefore, there are clear indications that Tata Motors Limited Company shares were trading in the 'oversold' zone. Shares of Tata Motors Limited are trading below 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day and 200-day moving averages.
What did Yes Securities brokerage firm say?
Laxmikant Shukla, expert of Yes Securities brokerage firm, said, 'Shares of Tata Motors Limited are currently trading in a downtrend of Rs 910-890. A break below this range may increase selling pressure on shares. Tata Motors share price is trading near the 'Lower Bollinger Band'. Expert Laxmikant Shukla of Yes Securities brokerage firm said that this trend is sending negative signals.
Kotak Institutional Equities Brokerage Firm – BUY Rating
Kotak Institutional Equities brokerage firm has given 'BUY' rating to Tata Motors Limited Company stock. The target price for this has been fixed at Rs 1,050. However, Kotak Institutional Equities brokerage firm has cut its EPS estimates for Tata Motors for FY 2025-27.
Sharekhan Brokerage Firm – BUY Rating
Sharekhan brokerage firm has given 'BUY' rating to Tata Motors Limited Company shares. The target price for this has been fixed at Rs 1,319.
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