Tata Motors Ltd (symbol: TTM) was one of the biggest winners of the trading
day today (2016-05-31), gaining 12.38%. The number of shares that changed
hands was 7,452,423, or about 5.7 times the average daily volume in the
stock.
The closing price was $33.49, amounting to a market cap of $21,560,000,000,
about -13.86% off the highest price in the last 12 months. The stock has
been trading at a range between $20.0 and $38.88.
TTM is in the Auto Manufacturing industry, part of the Capital Goods sector.
Looking at its valuation, the stock is now trading at 10.4 times earnings.
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