Updated 12 May 2025 at 12:27 IST
The shares of Tata Motors rose more than 3% on Monday backed by positive and renewed investor sentiment.
At 11:27 the shares of Tata Motors were trading at Rs 717.60 apiece and had increased 1.28% or Rs 9.10 as compared to its previous close of Rs 708.50 apiece on the BSE.
The automobile major's intraday high for the stock was Rs 732.55 per share and the intraday low was 715.40 per scrip at the time of filing this copy.
The stocks' 52 week high stood at Rs 1,179.05 per scrip and its 52 week low stood at Rs 542.55 per scrip.
The firm also has a market capitalisation of Rs 2.65 lakh crore and a dividend yield of 0.42%.
The stocks of Tata Motors are rising backed by the company's strong business performance as the company has reduced its debt. The firm has also benefited from a strong domestic as well as international demand.
Additionally, the firm is also aggressively expanding with its focus on electric vehicles (EVs) and this has further boosted investor confidence.
Investor sentiment is also further supported by the imminent results of Tata Motors, which will be announced on Tuesday, May 13, 2025.
Tata Motors Limited is a USD 44 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks, and buses, offering an extensive range of integrated, smart, and e-mobility solutions.
The company aims to bring new products that captivate the imagination of customers, backed by state-of-the-art design and R&D centres.
The firm is also pioneering India's Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by developing a tailored product strategy, leveraging the synergy between Group companies and playing an active role in liaising with the Government of India in developing the policy framework.
Published 12 May 2025 at 12:27 IST