TATAMOTORS

share price: Tata stock dives 5% on JLR's muted FY26 outlook

Tata Motors Share Price : Tata Motors shares today (Monday, June 16) fell 5 per cent after its UK subsidiary Jaguar Land Rover (JLR ) shares a muted outlook for FY2026. Tata Motors shares opened flat at Rs 711 on NSE versus the previous close of Rs 712.05. A sharp selling dragged the counter to the day's low at Rs 672.95, down 5 per cent. At the time of writing this report, Tata Motors was the top loser in the both benchmarks BSE Sensex and Nifty 50. At 10:30 AM, Tata Motors shares were seen trading near the day's low at Rs 679 on NSE and 680 on BSE. The sharp selling in Tata Motors shares came after JLR provided a muted outlook for FY2026. In an exchange filing, Tata Motors said that JLR sees FY2026 EBIT margin to be in the range of 5 to 7 per cent, compared to 8.5 per cent the firm reported in the previous fiscal (FY2025).