Henry ist ein leidenschaftlicher Fotograf und Outdoor -Enthusiast, der es liebt, seine Abenteuer durch Schreiben und Fotografie zu dokumentieren. Er hat einen Blog, in dem er seine Erfahrungen mit Erholung, Fotografie und allem dazwischen teilt.
Tata Motors shares (NYSE: TTM) is up 63% in the past 21 trading days. In comparison, the broader S&P500 index fell 0.3% over the same period. The stock rose after the company announced it would raise $ 1 billion from TPG Rise Climate for its electric vehicle business. The company has reached an agreement with TPG Rise Climate, a special climate investment strategy of the private investment firm TPG, according to which TPG and its co-investor ADQ will invest in a subsidiary of Tata Motors (which is being newly founded), in order to obtain a stake between 11- 15% in the new company. This equates to a valuation of up to $ 9.1 billion. Is the TTM share ready to grow now? Based on our machine learning analysis of the share price development over the past ten years, the probability of a rise in TTM shares in the next month (twenty-one trading days) is very low. See our analysis on Tata Motors' Stock Chance To Go Up For more details.
Five days: TTM 30%, vs. S & P500 1.8%; Above average market
(Very low probability)
- Tata Motors stock rose 30% over a five-day trading period ended October 15, 2021 , compared to the broader market (S&P500) which rose 1.8%.
- A change of 30% or more over five trading days has a very low probability of occurrence, which has occurred 6 times out of 2516 in the last ten years
