Large Outflow of Money Witnessed in Tata Motors Ltd

Tata Motors Ltd (TTM) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (1.71 million) in Tata Motors Ltd (TTM). On Friday, The value of composite uptick trades was $1.69 million, whereas, the value of composite downtick trades was $3.41 million and the ratio between the two was 0.5, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $1.34 million. The negative money flow of ($1.34 million) shows selling on strength. Tata Motors Ltd (TTM) gained $0.41 intraday at $37.22 and registrered 1.11% for the week.


Tata Motors Ltd (NYSE:TTM): stock turned positive on Friday. Though the stock opened at $37.55, the bulls momentum made the stock top out at $37.55 level for the day. The stock recorded a low of $37.2 and closed the trading day at $37.34, in the green by 1.44%. The total traded volume for the day was 854,441. The stock had closed at $36.81 in the previous days trading.

Tata Motors Limited is an automobile company. The Company is engaged in the business of automobile products consisting of all types of commercial and passenger vehicles, including financing of the vehicles sold by the Company. Its operating segments include automotive operations and all other operations. Its automotive segment operations include all activities relating to the development, design, manufacture, assembly and sale of vehicles, including vehicle financing, as well as sale of related parts and accessories. Its automotive operations are further subdivided into Tata and other brand vehicles (including vehicle financing) and Jaguar Land Rover. Its all other operations segment includes information technology services, and machine tools and factory automation solutions. Its commercial and passenger vehicles are marketed in countries in Europe, Africa, the Middle East, South East Asia, South Asia, South America, Australia, Commonwealth of Independent States and Russia.

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