Tata Motors Ltd. Trades 24.7 Million Shares Amid 39.46% Price Drop Today

Tata Motors Ltd. has emerged as one of the most active stocks today, with a total traded volume of 24,688,121 shares and a total traded value of approximately Rs 99.64 crores. The stock opened at Rs 400.00, reflecting a significant gap down of 39.46% from the previous close of Rs 660.75. Throughout the trading session, Tata Motors reached a day high of Rs 421.55 and a day low of Rs 376.30, marking a new 52-week low.
The stock has been on a downward trajectory, having underperformed its sector by 28.8% and experiencing a consecutive fall for the last eight days, resulting in a total decline of 42.52% during this period. The intraday volatility was notable, recorded at 6.15%, indicating high fluctuations in price.

In terms of liquidity, Tata Motors remains liquid enough for trading, with a delivery volume of 2.22 crore shares on October 13, which is a substantial increase of 211.98% compared to the five-day average. The company's market capitalization stands at Rs 1,46,925 crores, categorizing it as a large-cap entity in the automobile industry. Overall, Tata Motors is currently trading below its moving averages across various time frames, reflecting ongoing challenges in the market.