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Tata Motors Ltd delivered an impressive performance on 8 April 2025, rallying 3.15% or ₹18.25 to trade at ₹598.00 by 9:17 AM IST. The sharp upmove comes as part of a broader market recovery, with investors flocking back to auto stocks amid easing macro concerns and improved global cues.
- Open: ₹591.20
- High: ₹606.60
- Low: ₹591.00
- Previous Close: ₹579.75
- Market Cap: ₹2.20 Lakh Crore
- P/E Ratio: 5.25
- Dividend Yield: 0.50%
- 52-Week High: ₹1,179.00
- 52-Week Low: ₹535.75
What’s Driving Tata Motors’ Rally Today?
Several tailwinds supported the stock’s upward momentum:
- Strong Market Sentiment: Broader indices like Sensex (+875 pts) and NIFTY 50 (+285 pts) rose sharply, aiding large-cap auto players.
- Short-Covering: Monday’s sell-off provided a base for value-buying today.
- Favourable Global Cues: Rally in Nikkei 225, Hang Seng, and ASX 200 boosted investor morale.
- Auto Sector Rebound: Analysts expect a positive volume outlook for April–June quarter, especially for PVs and EVs.
Technical View
- Trend Bias: Bullish in short term
- Resistance Zone: ₹610 – ₹615
- Support Zone: ₹585 – ₹578
- Momentum Indicator: RSI moving towards overbought territory, indicating strong buying activity
Market Experts Weigh In
“Tata Motors is showing strength in line with the broader recovery. Investors are rotating back into autos as macro risk eases,” said Amitabh Menon, Senior Analyst at Apex Securities.
“A break above ₹610 could trigger further upside, while ₹585 remains a good trailing stop.”
Tata Motors’ 3.15% rise on 8 April reflects renewed investor confidence in auto sector leaders following a day of market volatility. The stock appears well-positioned for further gains if market momentum continues, especially with favorable sentiment around EV and export growth.
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