Tata Motors share price – Tata Motors shares down 26% in 6 months; is there a strong uptick ahead?
Shares of Tata Motors were last seen trading 0.22 per cent lower at Rs 711.80 in Tuesday’s trade. At the mentioned price, the stock has tumbled 26.12 per cent in six months. Around 3.71 lakh shares changed hands on BSE at the time of publishing this story. The figure was lower than the two-week average volume of 6.74 lakh shares. Turnover on the counter came at Rs 26.58 crore, commanding a market capitalisation (m-cap) of Rs 2,61,898.21 crore.
A few analysts stayed positive on the counter, underscoring that it is poised for a good bounce back. Dharmesh Kant, Head of Equity Research at Cholamandalam Securities, picked Tata Motors shares as his top picks from the large-cap space.
“The stock has been beaten blue and black all through….
