Tata Motors Passenger Vehicles Ltd Hits Intraday High with Strong 3.21% Gain

Intraday Price Movement and Trading Action

The stock opened with a notable gap up of 4.38%, signalling early enthusiasm among traders. Throughout the day, Tata Motors Passenger Vehicles Ltd maintained upward momentum, eventually touching its peak at Rs 385, representing a 6.09% rise from the prior close. By the end of the session, the stock settled with a gain of 3.21%, outperforming the Sensex which closed up by 2.97%.

This strong intraday surge was accompanied by sustained buying pressure, as the stock has now recorded gains for two consecutive trading days, accumulating an 8.72% return over this period. The stock’s performance today also outpaced the Automobiles - Passenger Cars sector, which gained 2.26%, and outperformed the sector by 0.95% on the day.

Technical Positioning and Moving Averages

From a technical standpoint, Tata Motors Passenger Vehicles Ltd is trading above its 5-day, 20-day, and 50-day moving averages, indicating short- to medium-term strength in price action. However, it remains below its 100-day and 200-day moving averages, suggesting that longer-term resistance levels have yet to be breached. This mixed technical picture highlights the stock’s current phase of consolidation with recent positive momentum.

Sector and Market Context

The broader market environment on 3 February 2026 saw the Sensex initially open sharply higher by 3,656.74 points but subsequently lose momentum, closing down by 1,231.66 points to 84,091.54, a 2.97% gain overall. The index remains 2.46% below its 52-week high of 86,159.02. Notably, mega-cap stocks led the market rally, supporting the overall positive trend.

Within this context, the Automobiles - Passenger Cars sector’s 2.26% gain was a solid contributor to the market’s positive tone. Tata Motors Passenger Vehicles Ltd’s outperformance relative to both the sector and Sensex underscores its strong intraday trading dynamics.

Performance Relative to Benchmarks

Examining Tata Motors Passenger Vehicles Ltd’s recent performance against the Sensex reveals a mixed trend over various time frames. The stock outperformed the Sensex over the past week, delivering a 9.95% return compared to the Sensex’s 2.74%. Over the past month, the stock gained 1.12%, while the Sensex declined by 1.94%. However, over the three-month period, the stock underperformed with a -10.21% return versus the Sensex’s modest 0.15% gain.

Longer-term comparisons show that the stock’s one-year return stands at -11.86%, lagging behind the Sensex’s 8.96% gain. Year-to-date, Tata Motors Passenger Vehicles Ltd has posted a 1.89% increase, outperforming the Sensex’s -1.31% decline. Over three and five years, the stock has delivered cumulative returns of 36.02% and 83.08% respectively, compared to the Sensex’s 38.23% and 67.35%. Over a decade, the stock’s 89.05% gain trails the Sensex’s 247.20% rise.

Mojo Score and Market Capitalisation Insights

Tata Motors Passenger Vehicles Ltd currently holds a Mojo Score of 41.0, with a Mojo Grade of Sell, downgraded from Hold on 4 November 2024. The company’s market capitalisation grade is rated at 1, reflecting its relative size and valuation metrics within the market. These scores provide a quantitative assessment of the stock’s current standing based on various financial and market parameters.

Summary of Trading Session

In summary, Tata Motors Passenger Vehicles Ltd demonstrated strong intraday trading performance on 3 February 2026, reaching an intraday high of Rs 385 and closing with a 3.21% gain. The stock’s upward momentum was supported by a gap up opening and sustained buying interest throughout the session. Its performance outpaced both the Sensex and the Automobiles - Passenger Cars sector, highlighting its relative strength amid a market environment where mega-cap stocks led gains.

While the stock remains below its longer-term moving averages, its position above shorter-term averages indicates positive momentum in the near term. The recent two-day consecutive gains and outperformance over the past week further underscore the stock’s current trading strength.

Market participants will note the stock’s mixed longer-term returns relative to the Sensex, with notable underperformance over the past year but solid cumulative gains over five years. The current Mojo Grade of Sell reflects a cautious stance based on quantitative metrics, despite the recent positive price action.