Tata Motors Share Price Decline 1.74 Percent; Immediate Support at Rs 670
Tata Motors shares declined by 1.7 percent on Tuesday and the stock remained in the red for most of the trading session. Tata Motors has managed to recover smartly from 52-week lows but the stock is facing tough resistance in Rs 700 - 730 range. As per technical charts, Tata Motors has immediate support at Rs 670 and next major support is at Rs 650. The stock has received positive recommendations from market analysts considering the lower valuations compared to other players in the automobile sector.
Current Market Snapshot
Here’s a look at the stock’s key performance metrics:
| Stock Detail | Value |
|---|---|
| Current Price | Rs. 688 |
| 52-Week High | Rs. 1,179.00 |
| 52-Week Low | Rs. 535.75 |
| Market Capitalization | Rs. 2.48 Lakh Crore |
| Price-to-Earnings (P/E) Ratio | 10.40 |
| Dividend Yield | 0.89% |
| Quarterly Dividend | Rs. 1.50 |
Recent Analyst Commentary: Turning the Ignition
According to a July 2025 update from Motilal Oswal, Tata Motors has received a “Buy” recommendation with a 12-month target price of Rs. 925. The brokerage cited resilient demand in the passenger EV segment and improved margins in the Jaguar Land Rover (JLR) business as primary growth drivers. Similarly, ICICI Securities noted that declining input costs and product refreshes could lift EBITDA margins by over 100 basis points this fiscal year.
Both analysts project strong upside potential, especially if domestic commercial vehicle sales and export volumes regain momentum.
Candlestick Pattern Analysis: Neutral Bias with Cautious Optimism
On the daily chart, Tata Motors is exhibiting a “Doji” pattern near the Rs. 685–690 resistance band—a signal of indecision and potential reversal after recent volatility. While the price failed to break convincingly above the 20-day exponential moving average (EMA), there’s visible support forming near the Rs. 670 zone.
If the stock closes above Rs. 690 on strong volume, a bullish breakout could be underway.
However, failure to hold above Rs. 672 would suggest continuation of consolidation, potentially down to Rs. 640.
Investors are advised to watch for confirmation candles before initiating new positions.
Support and Resistance Levels
Immediate Support: Rs. 672
Major Support: Rs. 640
Immediate Resistance: Rs. 690
Major Resistance: Rs. 720–745 zone
With price activity clustered near its immediate resistance, a breakout or breakdown in the coming sessions could provide clear trading cues.
Peers on the Highway: Mahindra & Mahindra and Maruti Suzuki
While Tata Motors is leveraging EVs and JLR exports to stay competitive, two other automakers are steering sectoral dynamics:
Mahindra & Mahindra (M&M) is riding high on robust SUV demand. Its EV subsidiary is drawing institutional attention with aggressive capex, placing it in direct competition with Tata’s EV roadmap.
Maruti Suzuki, meanwhile, is pushing hybrid tech as an interim strategy, backed by a massive dealer network and rural penetration—something Tata is still building out.
Though each firm has unique levers, Tata Motors’ blend of global luxury brand (JLR), domestic EV penetration, and value metrics give it a multi-lane growth potential.
Investment Outlook: The Road Ahead
Tata Motors is at an inflection point—technically range-bound, yet fundamentally backed by strong industry positioning and undervaluation. The stock's P/E ratio of 10.40 is significantly lower than peers in the auto sector, and upcoming earnings could act as a potential catalyst.
If the stock breaches Rs. 690 with momentum, it could retest the Rs. 781–857 Fibonacci zones. Conversely, downside support near Rs. 640 makes it an appealing accumulation zone for long-term investors.
Actionable Insight: Accumulate near Rs. 660–670 with stop loss at Rs. 630 for a medium-term target of Rs. 781.
