Tata Motors Share Price Today on: As of today, September 30, 11:19, the price of Tata Motors shares is ₹982, which is a 1.05% decrease from the previous closing price. Sensex is down -1% at ₹84719.05 in trade. Throughout the day, the stock has reached a high of ₹997.75 and a low of ₹977.
Technically speaking, the stock is trading below the 20,50,100 day SMA and above the 5,10,300 day SMA. The stock will encounter resistance at 20,50,100 days SMA and support at 5,10,300 days SMA.
The stock’s SMA values are displayed below:
| Days | Simple Moving Average |
|---|---|
| 5 | 979.58 |
| 10 | 976.20 |
| 20 | 1008.29 |
| 50 | 1048.44 |
| 100 | 1010.98 |
| 300 | 949.53 |
The stock has significant resistances at ₹997.0, ₹1004.0, & ₹1008.0 on a daily time frame, while critical support levels are at ₹986.0, ₹982.0, & ₹975.0, according to the classic pivot level analysis.
The volume of Tata Motors traded on the NSE and BSE today up to 11 AM was 47.91% more than it was during the previous trading session. In addition to price, volume traded is a crucial indication for researching trends. Higher volume and positive price movement indicate a potentially long-lasting uptrend, while higher volume and negative price movement could point to an impending price collapse.
Overall, following the current slump, there are indications of a trend reversal, according to Mint technical analysis.
Based on a fundamental study, the company’s return on equity (ROE) stands at 48.22%.The stock’s P/E ratio is at 8.56.
With a target price of ₹1180.76, the share’s median 1-year predicted upside is 20.24%.
According to records from the September quarter, the company has a 41.86% promoter stake, a 4.52% MF holding, and an 18.12% FII holding.
From 5.16% in June to 4.52% in the September quarter, the MF holding has dropped.
From 18.18% in June to 18.12% in the September quarter, the FII holding has dropped.
While its peers are divided, the price of Tata Motors’ shares decreased by 1.05% today to trade at ₹982. While some of its competitors, such Maruti Suzuki India, Ashok Leyland, Jupiter Wagons, and Force Motors, are currently declining, others are rising. The major indices, the Sensex and the Nifty, are down 1% and -0.93%, respectively, overall.