Tata Motors Falls 1.43% to ?616.05 Amid JLR Valuation Concerns Despite EV Hype
16th April, 2025 / 3:30 PM
Tata Motors share prices have closed today (16th April) at ?616.05, which is 1.43% lower than the opening price of ?625 for the day. Interestingly, the latter was higher than the 15th April closing price of ?622.20 by approximately 0.45%. However, the midday numbers were not encouraging, with the stock peaking at ?621.12 and then falling to ?613.72 before touching ?616.15, indicating a surprising drop of 1.41% from the opening prices.
The closing prices indicate that the stock has not been able to reverse the midday slump, in light of JLR valuations sinking to new lows and an initial positive impact of Trump’s remarks relating to tariffs for car companies. Tata Motors is also targeting a 500 km range for the eagerly awaited Harrier EV as per recent updates, and this may also impact share prices going forward.?
16th April, 2025 / 12:30 PM
Tata Motors share prices have touched ?616.15 at midday, which indicates a major drop of 1.41% from the opening price of ?625 today. This is a reversal of the opening trend, when the prices surpassed the closing price of ?622.20 yesterday (15th April) by around 0.45%. There was a slump at ?613.72, and the initial peak came at about ?621.12. It has now touched the midday numbers after going up a bit.
It remains to be seen how the prices hold by the end of the day, especially after Trump’s tariff remarks gave an initial boost to the stock.?
16th April, 2025 / 9:30 AM
Tata Motors share prices have opened 0.45% higher at ?625 today (16th April) in comparison to the closing price of ?622.20 yesterday (15th April). The latter was also significantly higher than the opening price of ?614 for the day, and this in turn, was also more than the closing price of ?595.05 for 11th April. Hence, a positive uptrend has been observed for the stock and it remains to be seen whether it can hold this momentum till midday and beyond.?
Trump’s tariff remarks have come as a booster dose for the company along with others in the automotive sector, especially where he said that he will look to help car companies seeking to shift production back to the US from countries like Canada and Mexico. This has propelled several auto stocks towards decent gains yesterday and today.?
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