Tata Motors Shows Resilience Amidst Volatility in Passenger Car Market

Tata Motors Ltd., a prominent player in the Automobiles - Passenger Cars sector, has emerged as one of the most active equities today, with a total traded volume of 21,055,590 shares and a total traded value of approximately Rs 126.47 crores. The stock opened at Rs 610.0, reflecting a gain of 3.18% from the previous close of Rs 582.9, and reached an intraday high of Rs 612.8, marking a 5.59% increase.
In terms of performance, Tata Motors has outperformed its sector by 1.51%, with a notable 7.05% increase over the last two days. However, the stock's delivery volume of 58.9 lakhs on April 11 has seen a decline of 36.12% compared to the five-day average, indicating a drop in investor participation. Despite this, the stock remains liquid enough for a trade size of Rs 35.26 crores, based on 2% of the five-day average traded value.

Overall, Tata Motors continues to show resilience in a competitive market, with its recent performance reflecting both volatility and strength within the passenger car segment.