Mumbai: Shares of Tata Motors Passenger Vehicles Ltd (Tata Motors PV) tumbled sharply on Monday, dropping 6.5% to hit a seven-month low, following a revision of Jaguar Land Rover’s (JLR) fiscal 2026 margin forecast. The correction reflects investor concerns over near-term growth prospects after the company disclosed production disruptions caused by a cyberattack.
The slump made Tata Motors PV the biggest loser on the Nifty 50 index, underscoring the market’s sensitivity to global operational risks affecting the automaker’s luxury segment. The announcement comes just days after Tata Motors reported its first standalone earnings for the passenger vehicle unit, following the separation of its passenger and commercial vehicle businesses a strategic move intended to sharpen focus on both div

C News English

CNN Politics
People Top Story
The Texas Tribune Crime
Press of Alantic City Business
Bloomberg TV