tata motors share price buy or sell

Tata Motors Share Price Gained Insanely By 464%. What Next?

Do you know that Tata Motors’ share price ferociously increased by 464%?

It started its rally from around 64 and recently made a high of 360+. Since, 2016, Tata Motors stock price was bearish till 2020.

At the time of the Covid-19 crisis, we have witnessed a market crash and almost all listed shares fall apart.

However, nearly all the stocks have recovered and some of the stocks have also hit a lifetime high.

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tata motors share price


I was wondering, why the analyst that appears in News channels or top digital media never suggests stocks that are likely to outperform.

In fact, they remain subdued, and when the stocks already moved a lot only then they started to recommend shares like Tata Motors.

Is Tata Motors Share Worth Buying?

Tata Motors set its foundation way back in 1945. Since then, it never looks back. Dominating the Auto industry for more than seven decades and Tata Motors is still running very strong.

It is a $35 billion organization and is a top global automobile manufacturing company.

Tata Motors manufactures an extensive range of cars, sports utility vehicles, trucks, buses, and defense vehicles.

Market leader in commercial vehicles in each segment, and among the top three in passenger vehicles.

Moreover, it has winning products in the compact, midsize car, and utility vehicle segments.

Tata Motors is the world`s fourth-largest truck manufacturer and the world`s second-largest bus manufacturer.

It has a portfolio of Passenger Cars like Tiago, Altroz, Tigor, Nexon, Harrier, Safari, and more

Shockingly over 8.5 million Tata Motors vehicles are plying globally. Even it is expanding international footprint through exports having presence in over 125 countries.

What else? It is a giant automobile company in the world.

So, do you still think is it safe to buy Tata Motors shares.

If it is so, then drill down further to know what the stock market is thinking about Tata Motors right now.

Peer Comparison – Tata Motors Share Price NSE


Peer comparison of Tata Motors Share Price


As compared to its peers, Tata Motors is the third-largest in India in terms of Market cap. It is because the market cap of Tata Motors has reduced significantly.

However, these stats are not static and I strongly believe it will claim its charms again.


Shareholding Pattern of Tata Motors Stock


Shareholding pattern of Tata Motors share price


As you can see from the shareholding chart patterns, promoters are holding stakes in Tata Motors is way above 46%.

Institutional investors are holding collectively around 25% and the rest are invested by retail investors.

Tata Motors Share Buy or Sell

I am thinking about Tata Motors shares for long-term investment purposes.

At present financials of Tata Motors are not looking so attractive. However, the chart is saying something another story.

In fact, I focus more on technical analysis than fundamentals.

I analyze any stocks by using price action trading strategy and use tools like trendlines, support & resistance, and others.

So, the million-dollar question is can I buy Tata Motors share now.

tata motors share price target 2021

(Date: 16th July 2021)

Well, it has already run up a lot and might be consolidating a bit for the moment. For the time being, I will wait for it to close above 320+.

Above 320, Tata Motors share is good to buy and I am planning to enter for long-term investment horizon.

However, it has a strong resistance zone near 355-360 levels. Once it crosses these levels, I am expecting it to beyond 430.

In July 2021, stockbrokers like Sharekhan, Motilal Oswal, and ICICIdirect also recommended Tata Motors to Buy.

Well, I am tracking Tata Motors share price for a very long time and every breakout is a good time to buy Tata Motors shares.

Since February 2021 Tata Motors is consolidating and trading in a range between 280-360 levels.

You may expect a strong up move, once it gives a breakout on the upside.

So, before you draw any conclusion do your due diligence on whether Tata Motors share price will rise or not.

Latest News on Tata Motors


15 July 2021

Tata Motors delivers 14 XPRES T EVs to Garden Reach Shipbuilders & Engineers Ltd. (GRSE), in Kolkata.

Read More …

14 July 2021

Tata Motors launches the ‘XPRES’ brand for fleet customers

Read More …




Ratan Kumar

Ratan Kumar, an enthusiast stock market trader & blogger. He is the founder of akme. Forecasting stock market moves with the use of technical analysis since 2008. For the technical trader & investor, new or experienced, he provides legitimate and valuable advisory from day trading to long-term investment horizon and helped thousands of investors to make money out of the stock market.

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