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Latest News | Tata Motors Shares in Huge Demand; Jump over 6 Pc

Get latest articles and stories on Latest News at LatestLY. Shares of Tata Motors were in heavy demand on Thursday, soaring over 6 per cent, in an otherwise weak broader market.

Latest News | Tata Motors Shares in Huge Demand; Jump over 6 Pc

New Delhi, Jul 25 (PTI) Shares of Tata Motors were in heavy demand on Thursday, soaring over 6 per cent, in an otherwise weak broader market.

The stock jumped 6.17 per cent to settle at Rs 1,091.05 on the BSE. During the day, it rallied 6.46 per cent to hit the 52-week high of Rs 1,094.10.

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At the NSE, shares of the firm surged 5.96 per cent to Rs 1,089.05.

Following the rally in the stock, the company's market valuation climbed Rs 21,074.03 crore to Rs 3,62,662.72 crore.

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When combined with Tata Motors Ltd - DVR's valuation, the market capitalisation stood at Rs 4 lakh crore.

The stock emerged as the biggest gainer among the BSE Sensex and NSE Nifty firms.

In traded volume terms, 13.72 lakh shares of the firm were traded at the BSE and 327.67 lakh shares at the NSE during the day.

After a sharp fall in intra-day trade, the 30-share BSE Sensex settled at 109.08 points, or 0.14 per cent lower, at 80,039.80 and the Nifty dipped 7.40 points, or 0.03 per cent, to 24,406.10.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)