Tata Motors Shares Decline nearly 5% Amid Extended Shutdown at UK JLR Plant

Market Update: Tata Motors PV Shares Decline 5%

On March 27, Tata Motors Passenger Vehicles (Tata Motors PV) shares experienced a significant decline of nearly 5% in trading. This drop made Tata Motors PV the top loser on the Nifty index.

Jaguar Land Rover's Production Halt Jaguar Land Rover, a subsidiary of Tata Motors, has temporarily suspended production on some of its car lines at the Solihull plant in Britain. The halt is due to a parts issue with a supplier and is expected to last less than two weeks. The production pause includes a scheduled five-day shutdown for the Easter weekend, which will end on April 8.

Financial Impact The production halt has had a negative impact on the market, with Tata Motors PV shares trading at Rs 303 apiece at 1:45 pm on March 27. The company's stock is also the top loser on the Nifty Auto index, which was trading nearly 2.5% lower during afternoon trade on March 27. Other notable losers on the index include Sona Comstar, Ashok Leyland, and Tube Investments, which declined by 4.4%, 3.8%, and 3.4%, respectively.

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Price Hike Announcement Earlier this month, Tata Motors PV announced a price hike of its internal combustion engine (ICE) passenger vehicles, effective from April 1, 2026. The weighted average price increase will be 0.5% of the ICE portfolio, with varying extent across models and variants. This revision aims to partially offset the continued increase in input costs.

Product Portfolio Tata Motors PV sells a range of ICE vehicles, including the hatchback Tiago and the Safari SUV, priced between Rs 4.57 lakh and Rs 23.42 lakh (ex-showroom Delhi).