Earlier, some analysts had advised investors to book profits as it was approaching a critical resistance zone. However, it has now surpassed the resistance zone and is likely to continue its upward momentum.

Tata Motors shares are on a recovery streak, rising for the fourth consecutive session on Friday. The stock surged 4%, reaching a high of Rs 800.50 from its previous close of Rs 764.95. This rally follows a 35% correction from its all-time high of Rs 1,

After this correction, the Tata Motors stock has approached its 52-week low. Tata Motors stock rose 3.81% to Rs 794.15 against the previous close of Rs 764.95 on BSE.

Over the past five trading sessions, Tata Motors has gained more than 6%. However, the stock has seen a decline of 18.36% in the last six months.