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Sohrab Shaikh (SEBI RA)

6th Jan · SEBI-Registered Analyst

Tata Motors Passenger Vehicles declines as its arm reports 43% fall in Wholesale volumes in Q3FY26

Tata Motors Passenger Vehicles is currently trading at Rs. 368.85, down by 4.65 points or 1.24% from its previous closing of Rs. 373.50 on the BSE. The scrip opened at Rs. 370.05 and has touched a high and low of Rs. 371.40 and Rs. 360.25 respectively. So far 756597 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 500.55 on 09-Jan-2025 and a 52 week low of Rs. 335.30 on 18-Dec-2025. Last one week high and low of the scrip stood at Rs. 375.00 and Rs. 360.25 respectively. The current market cap of the company is Rs. 135841.20 crore. The promoters holding in the company stood at 42.57%, while Institutions and Non-Institutions held 34.46% and 22.97% respectively. Tata Motors Passenger Vehicles’ wholly owned subsidiary -- Jaguar Land Rover Automotive (JLR) has registered 43.3% fall in Wholesale volumes of 59,200 units in third quarter of FY26 (Q3FY26) (excluding the Chery Jaguar Land Rover China JV (CJLR)) as compared to the same quarter a year ago and down 10.6% compared to Q2FY26. The overall mix of Range Rover, Range Rover Sport and Defender models was 74.3% of total wholesale volumes in Q3FY26, up from 70.3% in Q3FY25 and down from 76.7% in the prior quarter.

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