Tata Group Stocks Top Volume Gainer & At 52-Week High, Amid Bearish Market: Buy?

Nifty and Sensex both are marginally down today in the intra day trading. However, these 4 below-mentioned stocks are some of the most active equities and top volume gainers today. Additionally, the hotel stock of the Tata group reached a fresh 52-week high, on August 4. Check details here.

Tata Steel Limited

The stocks of Tata Steel Limited are one of the most active equities, and it is also a top volume gainer today. The current market price of Tata Steel stood at Rs. 107.20/share on NSE, surging by 0.14% till last traded, amid a bearish market. In the last 5 days the share price of this company has surged by 4.23% on NSE. In the past 1 month its share price has gained by 25.44%, but in the past 1 year its stock price has fallen by 24.30%.

Tata Consumer Products Ltd.

The stocks of Tata Consumer Products are one of the most active equities today in terms of volume. The current market price of Tata Consumer Products Ltd. stood at Rs. 787/share on NSE, falling by 3.17% till last traded. In the last 5 days the share price of this company has fallen by 2.95% on NSE. In the past 1 month its share price has gained by 7.79%, and in the past 1 year its stock price has gained sharply by 3.72%.

The Indian Hotels Company Limited

The stock price of The Indian Hotels Company Limited owned by the Tata group has reached a fresh 52-week high level today. The current market price of The Indian Hotels Company stood at Rs. 268.60/share on NSE, falling by 1.95% till last traded. In the last 5 days the share price of this company has surged by 1.24% on NSE. In the past 1 month its share price has gained by 15.70%, and in the past 1 year its stock price has gained sharply by 90.25%. This stock's long term returns are much higher compared to other mentioned stocks.

Brokerage recommendation on Tata Stock

Additionally, ICICI Securities, a top brokerage firm recommends to buy the stocks of Tata Chemicals for a target price of Rs. 982. The current market price of the stock is Rs. 946.45, gaining by 0.91% in the intra day trading, on August 4. In the past 1 month its share price has gained by 17.50%.

Disclaimer

The equity market is a highly volatile investment platform. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, the author, and the brokerage house are not liable for any losses caused as a result of decisions based on the article.