Tata Motors' stock price surged over 83% in the past year, reaching ₹1,161 on July 30, 2024, from ₹633 on July 28, 2023. After a 20-week consolidation period with resistance around ₹1,065, the stock finally broke out last week, signaling a strong bullish trend. The largecap stock has a market capitalisation of over Rs 3.8 lakh crore. It witnessed a range-bound move on the weekly charts for the past 20 weeks.
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