Tata Motors share prices have increased by 3.67% over the opening price of ₹560.50, closing at ₹581.10. The former was also 8.87% lower in comparison to the closing price of ₹615.10 on 4th April. Yet, there were signs of a turnaround by midday, with the stock trading at ₹563.65, which was about 0.56% more than the opening price, particularly after the early peak to ₹567.15 and then the huge fall to ₹545.65 before the recovery started. Interestingly, the closing price on 4th April was also lower than the opening price for the day (₹650) by about 5.36%.
News has trickled in about JLR (Jaguar Land Rover), which is owned by the company, halting its U.S. shipments on the back of President Donald Trump’s reciprocal tariff announcements. How this will impact the stock in the future remains to be seen, particularly with increasing concerns about upcoming volatility in the automotive space.
Tata Motors stocks did not start the day on a good note, with a major drop of 5.36% from the closing price of ₹615.10 on 4th April. They opened at ₹560.50, which was 8.87% lower than the former. However, the stock seems to have turned around only slightly, by posting 0.56% growth over the opening price by midday, as prices hover at ₹563.65.
The stock peaked early on to ₹567.15 after the initial drop, although there was a massive fall later on to ₹545.65 before prices made a slight recovery and mostly stabilized upward to reach the midday figure. Will there be further consolidation by the end of the day? That’s the big question that investors want an answer to.
Tata Motors share prices have continued the closing trends witnessed on 4th April, where they closed at ₹615.10 and this was 5.36% lower in comparison to the opening price of ₹650 for 4th April. Today (7th April) witnessed another huge drop in prices, where they opened at ₹560.50, which indicates a decline of 8.87%. The closing price on 3rd April was ₹655.55 which was higher than the opening price on 4th April by 0.67%.
The downgrading of the Tata Motors stock by CLSA and cutting price targets are developments that have impacted the stock prices and could continue to affect them going forward. The U.S. President Donald Trump’s imposition of reciprocal tariffs on car imports is another development that could impact the share prices going forward.
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