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The current share price of Tata Motors Limited is ₹942.15 (as of August 12, 2023, 10:00 AM IST). It has a market capitalization of ₹1.67 trillion. The stock has been on a downward trend in recent months, but it has been trading sideways in the past few days.
There are a few factors that could be contributing to the decline in Tata Motors’ share price. One factor is the overall weakness in the Indian stock market. The Sensex, the benchmark index of the Bombay Stock Exchange, has been declining in recent months. Another factor is the rising cost of raw materials, which is hurting Tata Motors’ margins.
Despite the recent decline, Tata Motors is still a well-respected company with a strong track record. It is one of the largest automotive companies in India and has a global presence. The company is also investing heavily in new technologies, such as electric vehicles and autonomous driving.
It is difficult to say whether Tata Motors’ share price will continue to decline in the short term. However, the company is well-positioned for long-term growth. If the Indian economy recovers and the cost of raw materials stabilizes, Tata Motors’ share price could rebound.
