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Shares of Tata Motors Ltd. Rise to a New 52-Week High

Shares of Tata Motors Ltd. (NYSE: TTM) traded at a new 52-week high today of $32.00. So far today approximately 4.1 million shares have been exchanged, as compared to an average 30-day volume of 1.7 million shares.

In the past 52 weeks, shares of Tata Motors Ltd. have traded between a low of $8.57 and a high of $32.00 and are now at $31.69, which is 270% above that low price.

Tata Motors Ltd. is currently priced 11.2% above its average consensus analyst price target of $28.14.

Tata Motors owns iconic brands Jaguar and Land Rover while offering a broad product line of motor vehicles including compact passenger cars, sport utility vehicles, luxury passenger vehicles, and large semi-trucks. At 45%, it holds the largest market share of commercial vehicles in India. Tata also operates a financial services business, which supports vehicle sales.

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