Tata Motors, a company under the Tata Group, is experiencing a remarkable surge in its stock price, resembling a rocket’s trajectory.
As the stock market opened on Monday, Tata Motors began on a positive note, witnessing an upward trend.
During early trading, it reached a notable high of 548.80, surpassing the previous record set six years ago.
Investors in Tata Motors have reaped substantial benefits, with returns soaring by approximately 77%.
The company’s stock touched similar levels back in 2016-17, showcasing its consistent growth.
With a market capitalization of Rs 1.97 lakh crore, Tata Motors continues to deliver substantial profits to its investors.
Over the past five years, the stock has generated an impressive return of about 77%, with a recent one-month surge of 10%.
A Glimpse into Tata Motors’ History
Tata Motors Limited, headquartered in Mumbai, is an Indian multinational automotive manufacturer.
It operates as part of the renowned Tata Group and specializes in producing passenger cars, trucks, coaches, vans, and buses.
Originally known as Tata Engineering and Locomotive Company (TELCO), it was established in 1945 as a locomotive manufacturer.
