Mumbai, January 6, 2026
Shares of Tata Motors Passenger Vehicles Limited traded sharply lower in early deals on Tuesday after its luxury arm Jaguar Land Rover reported a steep decline in wholesale and retail volumes for the December quarter, reflecting production disruptions and portfolio transition headwinds.The stock was trading at ₹362.35, down ₹11.20 or 3.00 percent, as of 09:31 IST, compared with the previous close of ₹373.55. The counter opened weaker at ₹371.50, touched an intraday high of ₹371.50, and slipped to a low of ₹360.00 during the session. The volume-weighted average price stood at ₹364.96, indicating sustained selling pressure through the morning.What Drove the Decline
Investor sentiment turned cautious after...