TATA MOTORS Share Price Up by 5%; BSE AUTO Index Up 3.2%
March 2, 2021 02:11 PM

TATA MOTORS share price has zoomed 5% and is presently trading at Rs 346.

Meanwhile, the BSE AUTO Index is at 24,235 (up 3.2%).

Among the top Gainers in the BSE AUTO Index today are TATA MOTORS (up 5.3%) and M&M (up 5.7%).

Over the last one year, TATA MOTORS has moved up from Rs 144 to Rs 346, registering a gain of Rs 202 (up 139.0%).

On the other hand, the BSE AUTO has moved up from 16,274 to 24,235, registering a gain of 7,961 points (up 48.9%) during the last 12 months.

The top buzzing stocks among the BSE AUTO Index stocks during this same period were TATA MOTORS (up 139.0%), MOTHERSON SUMI (up 110.6%) and M&M (up 72.0%).

What About the Benchmark Indices?

The BSE Sensex is at 50,425 (up 0.4%).

The top gainers among the BSE Sensex stocks today are M&M (up 5.7%), BAJAJ AUTO (up 3.8%) and NTPC (up 3.8%). Other gainers include MARUTI SUZUKI (up 2.5%) and TECH MAHINDRA (up 2.2%). The most traded stocks in the BSE Sensex are NTPC and ITC.

In the meantime, NSE Nifty is at 14,934 (up 0.6%). The top gainers in the NSE Nifty include M&M (up 5.8%), TATA MOTORS (up 5.3%) and WIPRO (up 4.0%). Other gainers include NTPC (up 3.7%) and HERO MOTOCORP (up 3.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 39,889 to 50,425, registering a gain of 10,536 points (up 25.47%).

TATA MOTORS Financial Update...

TATA MOTORS net profit stood at Rs 32 billion for the quarter ended December 2020, compared to a profit of Rs 20 billion a year ago. Net Sales rose 5.5% to Rs 756.5 billion during the period as against Rs 716.8 billion in October-December 2019.

For the year ended March 2020, TATA MOTORS reported 100.0% decrease in net profit to Rs 0.0 million compared to net profit of Rs 7.2 billion during FY19.

Revenue of the company grew 13.6% to Rs 2,586 billion during FY20.

The current Price to earnings ratio of TATA MOTORS, based on rolling 12 month earnings, stands at down 7.0x.