Tata Motors fell more than 7% in early trade on Thursday after reporting a bigger-than-expected drop in quarterly profit.

Shares of Tata Motors Ltd slipped 9% in early deals to their fresh 52-week low on Thursday as Q3 earnings fell below street estimates. Tata Motors stock fell 9.06% to Rs 684.25 against the previous close of Rs 752.45. On BSE, 3.98 lakh shares changed hands amounting to a turnover of Rs 27.74 crore.

Tata Motors share price declined 8% in the morning trades on Thursday , post Q3 results that were declared after the market hours on Wednesday. Should you Buy, Sell or Hold the stock?

India's Tata Motors reported a 22% drop in third-quarter profit on Wednesday, significantly missing analyst estimates, hurt by weak performance at its Jaguar Land Rover (JLR) and domestic car businesses.

Tata Motors reported earnings for the December 2024 quarter, which missed estimates. This prompted global brokerage firm Jefferies to downgraded Tata Motors stock to "underperform" from its earlier rating of "buy".

Tata Motors shares will be in focus on Thursday, January 30, after the company reported a 22% YoY drop in Q3 profit, which fell to Rs 5,451 crore, missing analysts' expectations. Should investors buy,

Indian carmaker Tata Motors fell more than 7% in early trade on Thursday after reporting a bigger-than-expected drop in quarterly profit, which pushed a slew of brokerages to slash price targets on the stock.

Tata Motors on Wednesday reported a 22 per cent fall in consolidated net profit to Rs 5,578 crore for the third quarter ended December 2024, impacted by a decline in revenue from its passenger and com

Results: Profit fell short of ET Now's estimate of Rs 6,791 crore, while revenue rose 3% YoY to Rs 1.13 lakh crore. Consolidated EBITDA rose to Rs 15,500 crore, driven by easing supply challenges. CV revenues fell 8.

Indian carmaker Tata Motors reported third-quarter profit below market expectations on Wednesday, weighed down by weakness in its luxury Jaguar Land Rover (JLR) business and as car sales slowed down at home.

For the quarter under review, Tata Motor’s profit after tax (PAT) stood at Rs 5,578 crore, down from Rs 7,145 crore in the year-ago period. It rose, however, on a sequential basis. Chief Financial Officer PB Balaji said that the performance of all businesses improved sequentially in Q5 FY25.