Tata Motors Passenger Vehicles share price settles at ₹295; September 24 price update

Key Takeaways:

• Tata Motors Passenger Vehicles closed at the session low of ₹295 after a 1.83% decline, only ₹1 above its displayed 52-week low of ₹294. 
• The close remained below all three moving averages, from ₹321.30 for 50 days to ₹377.70 for 200 days. 
• The one-year return stood at -57.94%, while one month, three months and six months were also negative. 

Tata Motors Passenger Vehicles share price closed September 24 at ₹295, down ₹5.50 or 1.83%. The previous close was ₹301. The stock opened at ₹300, reached a high of ₹301 and fell to ₹295. The closing price matched the session low. Only ₹6 separated the high and low, while the finish was ₹5 below the opening price. 

Volume reached 9,770,880 shares. Market capitalisation stood at ₹108,648 crore. The day’s lower boundary was especially significant because the 52-week low was only ₹1 lower at ₹294. 

Moving averages were all considerably above the September 24 close. The 50-day DMA stood at ₹321.30, leaving a ₹26.30 gap. The 100-day DMA was ₹336.20, or ₹41.20 higher. The 200-day DMA reached ₹377.70, placing it ₹82.70 above the closing price. The 50-day and 200-day levels were ₹56.40 apart. 

The 52-week high was ₹740. At ₹295, Tata Motors Passenger Vehicles was only ₹1 above the annual low but ₹445 below the high. The full displayed 52-week range covered ₹446, meaning the closing price sat almost exactly at its lower boundary in absolute-distance terms. 

Every historical return period was negative. One month was -7.20%, three months -16.80%, six months -3.36% and one year -57.94%. Six months was the least negative figure, while one year was substantially lower than the other periods. The gap between those two readings was 54.58 percentage points. 

The ₹1 distance to the annual low was considerably smaller than every other longer reference gap. Even the nearest moving average, the 50-day DMA, was ₹26.30 above the close. The September 24 session itself ended exactly at its ₹295 low after beginning at ₹300, with nearly 9.8 million shares recorded in volume.