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Tata Motors rises to all-time high

September 14, 2010

AUTOS INDIA TATAMOTORS

Tata Motors rose to an all-time high on Tuesday, climbing nearly 4 percent on the back of strong investor confidence in a broader market that touched a 32-month high for the third consecutive session.

The scrip opened on a strong note and hit a life-time high of 1,067.50 rupees on the BSE before closing 2.7 percent up at 1054 rupees with volumes of 1.2 million shares.

Tata Motors was also the top performing stock in the Auto index which closed 1.3 percent up.

For the year, the counter has given a return of over 30 percent. Do you think there is more upside to the stock?

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