The scrip opened at Rs 298.65 and touched an intraday high and low of Rs 307.5 and Rs 297.55, respectively, in the session so far. The stock of Tata Motors quoted a 52-week high of Rs 357 and a 52-week low of Rs 64.8.
Total market cap of the Tata Motors stood at Rs 101933.45 crore at the time of writing this report.
The company reported consolidated sales of Rs 76365.79 crore for the quarter ended 31-Dec-2020, up 40.99 per cent from previous quarter’s Rs 54163.22 crore and up 5.22 per cent from the year-ago quarter’s Rs 72576.2 crore.
The net profit for latest quarter stood at Rs 2906.45 crore, up 67.2 per cent from the corresponding quarter last year.
As of 06-Feb-2021, domestic institutional investors held 4.76 per cent stake in the firm, while foreign institutional investors held 14.52 per cent and the promoters 46.41 per cent.
According to BSE data, the stock traded at a P/E multiple of -6.48 and a price-to-book ratio of 0.41. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Tata Motors belongs to the Auto – Cars/UV/CV industry.