Large Inflow of Money Detected in Tata Motors Ltd

Tata Motors Ltd (TTM) : $3.73 million worth of transactions were on upticks in Tata Motors Ltd (TTM), compared to $2.91 million on downticks. The ratio between the two was 1.28, whereas, the net money flow stood at a healthy $0.82 million on Mondays session. The consistent buying on upticks in the stock accounted for $1.13million worth of trades. The total money flow into the stock stood at $1.13 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.7%. The stock was trading at $38.42, with a drop of $0.27 over the previous days close. The stock recorded -1.49% for the week.


Tata Motors Limited has dropped 1.36% in the last five trading days, however, the shares have posted positive gains of 5.23% in the last 4 weeks. Tata Motors Limited is up 31.32% in the last 3-month period. Year-to-Date the stock performance stands at 30.56%.

Tata Motors Ltd (NYSE:TTM): The stock opened at $38.72 on Monday but the bulls could not build on the opening and the stock topped out at $38.75 for the day. The stock traded down to $38.30 during the day, due to lack of any buying support eventually closed down at $38.46 with a loss of -0.59% for the day. The stock had closed at $38.69 on the previous day. The total traded volume was 1,223,662 shares.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.