Tata Motors shares touched a low of ₹170.65 a share, a level last seen on 30 December 2011, and fell as much as 19.8% in intraday trading.
Mumbai: Shares of Tata Motors Ltd on Tuesday slumped nearly 20% to hit a near seven-year low after Jaguar Land Rover reported a 12.3% decline in global sales. Investor sentiment was also dampened after the company announced a shutdown of its West Midland plant for two weeks due weak global demand.
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