Tata Motors share price declined 8% in the morning trade on Thursday following the automaker’s Q3 results wherein it reported a double-digit fall in profit.

The stock hit the day's low of Rs 684.25. Jefferies downgraded Tata Motors from 'buy' to 'underperform'. The firm also reduced its price target to Rs 660 from Rs 930.

Tata Motors shares rise 2% as Q3 earnings approach. Discover 4 key factors affecting its growth. Tune in to the results today!

Tata Motors is a top Tata Group company. The Tata stock has crashed nearly 40 per cent from its peak of Rs 1179, touched in July 2024.

The Tata Group-backed automobile giant stock nosedived by more than 9% on Thursday, January 30th, to hit a new 52-week low of Rs 684.25 apiece. The performance comes after Tata Motors missed estimates in its Q3 results for FY25.

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.

Maruti Suzuki share price up 1.4 percent at Rs 1,2290 on NSE amid strong volumes. The stock climbed past its 200-day average today.

Tata Consumer Products is a Tata Group company. The Tata stock rallied more than 5 per cent despite reporting a decline in profit in Q3 results. Jefferies has maintained BUY rating on the Tata stock.