Shares of Tata Motors Ltd. (NYSE:TTM) traded at a new 52-week high today of $32.00. So far today approximately 4.1 million shares have been exchanged, as compared to an average 30-day volume of 1.7 million shares.
In the past 52 weeks, shares of Tata Motors Ltd. have traded between a low of $8.57 and a high of $32.00 and are now at $31.69, which is 270% above that low price.
Tata Motors Ltd. is currently priced 11.2% above its average consensus analyst price target of $28.14.
Tata Motors owns iconic brands Jaguar and Land Rover, while offering a broad product line of motor vehicles including compact passenger cars, sport utility vehicles, luxury passenger vehicles and large semi trucks. At 45%, it holds the largest market share of commercial vehicles in India. Tata also operates a financial services business, which supports vehicle sales.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About IBN (InvestorBrandNetwork)
IBN consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and Code Editorial Syndication to 5,000+ broadcast outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign and the NEW normal.
For more information on IBN, please visit https://www.InvestorBrandNetwork.com