TATA MOTORS share price has zoomed 5% and is presently trading at Rs 227.
Meanwhile, the BSE AUTO Index is at 20,012 (up 1.1%).
Among the top Gainers in the BSE AUTO Index today is TATA MOTORS (up 5.2%).
M&M is among the top loser today.
Over the last one year, TATA MOTORS has moved down from Rs 358 to Rs 227, registering a loss of Rs 131 (down 36.6%).
On the other hand, the BSE AUTO has moved down from 25,440 to 20,012, loss of 5,428 points (down 21.3%) during the last 12 months.
The top gainers among the BSE AUTO Index stocks during this same period were BAJAJ AUTO (up 9.4%) and CUMMINS INDIA (up 0.4%).
What About the Benchmark Indices?
The BSE Sensex is at 38,898 (up 0.3%).
The top gainers among the BSE Sensex stocks today are TATA MOTORS (up 5.2%), TATA MOTORS DVR (up 4.9%) and TCS (up 3.3%). Other gainers include COAL INDIA (up 3.2%) and TATA STEEL (up 2.5%). The most traded stocks in the BSE Sensex are TATA MOTORS and YES BANK.
In the meantime, NSE Nifty is at 11,682 (up 0.3%). TATA MOTORS (up 5.7%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 34,101 to 38,898, registering a gain of 4,797 points (up 14.0%).
TATA MOTORS Financial Update…
TATA MOTORS net profit down at Rs 268 billion for the quarter ended December 2018, compared to a loss of Rs 7 billion a year ago. Net Sales rose 3.8% to Rs 770.0 billion during the period as against Rs 741.6 billion in October-December 2017.
For the year ended March 2018, TATA MOTORS reported 2.2% decrease in net profit to Rs 48.4 billion compared to net profit of Rs 49.5 billion during FY17.
Revenue of the company grew 7.6% to Rs 2,954 billion during FY18.
The current Price to earnings ratio of TATA MOTORS, based on rolling 12 month earnings, stands at down 2.3x. p >
This article (TATA MOTORS Surges by 5%; BSE AUTO Index Up 1.1%) is authored by Equitymaster.