Tata Motors swings low
Thursday, July 9, 2009 11:57 am5.27lakh shares have been traded on BSE in the counter as opposed to a standard everyday volume of 13.43lakh shares in the last single quarter.
The stock got an up of Rs.284 and a down of Rs.266 till now. The stock saw a 52-week up of Rs.445.48 on 11th August last year and a 52-week down of Rs.122 on 20th November last year.
The stock had fallen 22.92% as opposed to the BSE’s 8.98% drop. It also increased 26.47% as opposed to the BSE’s profit of 27.45%.
The present price of Rs.273.05 slashes the company’s year closed March EPS of Rs.19.48 based on individual financial performance by a PE manifold of 14.01
Tata Motors posted a combined net decline of Rs.2505.25crore on 26th June in the year closed March as opposed to a net gain of Rs.2167.70crore in the year closed March last year. The company recorded its initial yearly loss in 8 years in year closed March 2009 as the worldwide slump reduced demand for the marquee brands bought by the company in 2008. Jaguar and Land Rover recorded a decline of Rs.1,777crore for the year closed March. Tata Motors’ combined sum income increased 99.67% in the year closed March 2009 over the year closed March last year.
Tata Motors net earnings increased 10.3% on a 24.7% fall in sales to Rs.6588.17crore in Quarter 4 March over Quarter 4 March last year.
