Tata Motors share price rises 2%
TATAMOTORS Tata Motors' share price rose almost 2 per cent in intraday trade on the BSE on Wednesday, June 4, looking set to snap its three-day losing streak. Tata Motors share price opened at ₹703 against its previous close of ₹703.55 and climbed 1.7 per cent to an intraday high of ₹715.50. The auto stock, however, pared gains and traded about half a per cent up at ₹707 around 12:30 PM.
Tata Motors' share price has lost about 22 per cent over the last year, hitting a 52-week high of ₹1,179.05 on July 30 last year and a 52-week low of ₹542.55 on April 7 this year. Tariff-related uncertainties and economic slowdown in key markets seem to have weighed on stock prices.
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