Tata Motors Passenger Vehicles Ltd eases for fifth straight session

Tata Motors Passenger Vehicles Ltd dropped for a fifth straight session today. The stock is quoting at Rs 260.15, down 3.65% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.24% on the day, quoting at 22406.15. The Sensex is at 72534.84, down 0.98%.Tata Motors Passenger Vehicles Ltd has eased around 11.81% in last one month.Meanwhile, Nifty Auto index of which Tata Motors Passenger Vehicles Ltd is a constituent, has eased around 8.16% in last one month and is currently quoting at 25011.5, down 1.85% on the day. The volume in the stock stood at 69.15 lakh shares today, compared to the daily average of 104.17 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 260.7, down 3.43% on the day. Tata Motors Passenger Vehicles Ltd tumbled 35.49% in last one year as compared to a 13.14% slide in NIFTY and a 9.45% fall in the Nifty Auto index.

The PE of the stock is 157.6 based on TTM earnings ending June 26.

Powered by Capital Market - Live News