Tata Motors PV shares fall over 5%, tracking the broad slump in auto index

Tata Motors’ domestic passenger vehicle sales rose 34% YoY to 62,329 units in February, while EV sales jumped 57% to 8,385 units. However, a cyber incident at Jaguar Land Rover caused a Q3 loss of Rs 3,486 crore and a 26% drop in revenue. Analysts say the stock remains sensitive to JLR performance, global demand, and margin recovery.