Tata Motors share price down 25% in the last 1 year; is it time to buy this Tata Group stock?
Tata Motors share price climbed over a per cent in intraday trade on the BSE on Wednesday, June 11, looking set to extend gains to the sixth consecutive session. Tata Motors share price opened at ₹ 733 against its previous close of ₹ 732.25 and rose X per cent to an intraday high of ₹ 740. Around 12:30 PM, the Tata Group stock traded 0.80 per cent higher at ₹ 738. Equity benchmark Sensex was 0.38 per cent up at 82,708 at that time.
Tata Motors' share price has been under pressure over the last year, falling more than 25 per cent, hitting a 52-week low of ₹ 542.55 on April 7 this year. The Tata Group stock hit a 52-week high of ₹ 1,179.05 on July 30 last year.
On a monthly scale, the stock has climbed nearly 3 per cent after a 12 per cent rise in May. Year-to-date, however, the stock has dropped by over a per cent.
(This is a developing story. Please check back for fresh updates.)
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