TATA MOTORS Surges by 5%; BSE AUTO Index Up 1.4%
June 8, 2020 09:27 AM

TATA MOTORS share price has zoomed 5% and is presently trading at Rs 117.

Meanwhile, the BSE AUTO Index is at 15,235 (up 1.4%).

Among the top Gainers in the BSE AUTO Index today are TATA MOTORS (up 5.1%) and ASHOK LEYLAND (up 6.5%).

EXIDE INDUSTRIES (down 6.9%) is among the top loser today.

Over the last one year, TATA MOTORS has moved down from Rs 170 to Rs 117, registering a loss of Rs 53 (down 31.5%).

On the other hand, the BSE AUTO has moved down from 18,557 to 15,235, loss of 3,322 points (down 18.0%) during the last 12 months.

The top gainers among the BSE AUTO Index stocks during this same period were BALKRISHNA INDUSTRIES (up 51.0%) and MRF LTD. (up 15.6%).

What About the Benchmark Indices?

The BSE Sensex is at 34,928 (up 1.8%).

The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 7.5%), BAJAJ FINANCE (up 5.5%) and AXIS BANK (up 5.3%). Other gainers include SBI (up 4.9%) and TITAN (up 3.8%). The most traded stocks in the BSE Sensex are SBI and INDUSIND BANK.

In the meantime, NSE Nifty is at 10,328 (up 1.6%). The top gainers in the NSE Nifty include INDUSIND BANK (up 6.5%), TATA MOTORS (up 5.2%) and AXIS BANK (up 5.2%). Other gainers include BAJAJ FINANCE (up 4.8%) and TITAN (up 4.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 39,530 to 34,928, registering a loss of 4,602 points (down 11.67%).

TATA MOTORS Financial Update...

TATA MOTORS net profit declined 107.3% YoY to Rs 20 billion for the quarter ended December 2019, compared to a loss of Rs 268 billion a year ago. Net Sales declined 6.9% to Rs 716.8 billion during the period as against Rs 770.0 billion in October-December 2018.

For the year ended March 2019, TATA MOTORS reported 85.2% decrease in net profit to Rs 7.2 billion compared to net profit of Rs 48.4 billion during FY18.

Revenue of the company grew 3.3% to Rs 3,019 billion during FY19.

The current Price to earnings ratio of TATA MOTORS, based on rolling 12 month earnings, stands at down 223.1x.