Large Outflow of Money Witnessed in Tata Motors Ltd

Tata Motors Ltd (TTM) During the most recent session, the shares traded at 0.62 points or 1.59% higher at $39.58. The money flow data is unimpressive with the net money flow value of $(-7.74) million. As per the intraday data, the upticks measured $6.1 million and the downticks measured $13.84 million. As a result, the up/down ratio registered a value of 0.44. The shares have seen -0.83% price change for the week.A block trade also made an entry with $0 million flowing in through upticks while $5.44 million flew out through downticks. The block tradeoff had the up/down ratio of 0. The net money flow for this big transaction was $(-5.44) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Tata Motors Limited has dropped 1.35% in the last five trading days, however, the shares have posted positive gains of 15.09% in the last 4 weeks. Tata Motors Limited is up 0.43% in the last 3-month period. Year-to-Date the stock performance stands at 15.09%. Tata Motors Ltd (NYSE:TTM) rose 1.59% or 0.62 points on Wednesday and made its way into the gainers of the day. After trading began at $39.81 the stock was seen hitting $39.87 as a peak level and $38.83 as the lowest level. The stock ended up at $39.58. The daily volume was measured at 1,262,494 shares. The 52-week high of the share price is $44.79 and the 52-week low is $20. The company has a market cap of $26,880 million.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Tata Motors Limited (ADR) was Upgraded by Credit Suisse to Outperform on Nov 8, 2016.

Tata Motors is Indias leading automotive manufacturer.


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