Tata Motors Ltd. Stock Sees 3.48% Rise, Outperforms Sector on November 19, 2024

Tata Motors Ltd., a leading player in the Indian automobile industry, saw a rise of 3.48% in its stock price on November 19, 2024. This increase was in line with the overall performance of the sector, as the Automobiles - Passenger Cars segment gained 2.76% on the same day. According to MarketsMOJO, a leading stock analysis platform, the stock of Tata Motors Ltd. has been given a 'Sell' call. However, the stock has outperformed the sector by 0.52% and has shown a trend reversal after two consecutive days of fall. The stock touched an intraday high of Rs 797.3, showing a gain of 3.27%. It is currently trading higher than its 5-day moving average, but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. In comparison to the overall market performance, Tata Motors Ltd. has shown a better performance, with a 1-day gain of 3.35% compared to the Sensex's 1.31% gain. However, in the past month, the stock has underperformed the market, with a loss of 12.32% compared to the Sensex's loss of 3.54%. Tata Motors Ltd. is a largecap company in the passenger car segment, known for its popular brands such as Tata Tiago, Tata Nexon, and Tata Harrier. With a strong presence in the Indian market and a growing global presence, the company continues to be a key player in the automobile industry.