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Stock 360: Here’s why Tata Motors is a traders’ delight

Updated : December 26, 2020 08:25:50 IST

Tata Motors is a kind of stock which is trader’s delight if the cycle is right. On Thursday, December 24, it closed almost four percent in the green, and was thus the top Nifty gainer of the day after maintaining its JLR guidance for H2FY21.

The stock, however, is down 2 percent this month and for this year it’s down 5 percent. Given that, surprisingly, from its 52 week low, it’s up 178 percent and from its 52 week high it’s down 12 percent. All of this has happened in 2020 and that’s the kind of a stock Tata Motors is.

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