The Relative Strength Index of the stock stood at 62.64 on Tuesday.
Trading in Tesla has averaged $19 billion a day in the past three months, more than any other U.S. company, according to Refinitiv data.
As of 30-Sep-2021, promoters held 54.9 per cent stake in the company, while FIIs held 18.29 per cent and domestic institutional investors had 11.37 per cent.
The Nikkei closed 0.75% lower at 29,285.46, after rising as much as 0.82% earlier in the session. The broader Topix slipped 0.81% to 2,018.77.
The tractor manufacturer reported a 14.7 per cent on-year growth in revenue from operations to Rs 13,305.4 crore for the reported quarter, which was above StreetΓ’β¬β’s estimate of Rs 12,428.9 crore.
Bank stocks that comprise about a third of the index fell 1%, as NAB lost 0.8% after flagging continued pressure on lending margins in fiscal 2022 despite topping annual profit estimates.
The stock quoted a 52-week high price of Rs 449.8 and a 52-week low of Rs 169.15.
A total of 18,110 shares changed hands on the counter till 01:46PM (IST)
For the quarter under review, net interest income plummeted to Rs 391 crore from Rs 470 crore a year ago.
The industrial machinery company reported a 55 per cent jump in net profit to Rs 51.62 crore in the September 2021 quarter, as against a net profit of Rs 33.25 crore during the same quarter last year.
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