
Thu Feb 27 04:30:00 UTC 2025: ## Tata Motors Shares Plunge 44% in Nine Months, Market Cap Takes a Hit
**MUMBAI, INDIA** – Tata Motors shares have experienced a significant downturn, plummeting 44% since July 2024, making them the worst performers on the Nifty 50 index. The share price, which stood at ₹1,179 in July, has now fallen to ₹661.75, resulting in a ₹1.9 lakh crore (approximately $23 billion USD) decrease in the company’s market capitalization.
Analysts attribute the sharp decline to weakening demand for Jaguar Land Rover (JLR) vehicles in key markets like China and the UK. The ongoing challenges faced by JLR are significantly impacting Tata Motors’ overall performance. This substantial drop represents a major setback for the Indian automotive giant.