JLR cuts margin, revenue guidance as restructuring weighs on Tata Motors
Tata Motors Passenger Vehicles is in focus in a quarterly results development.
· LiveMint Companies
JLR’s losses and subdued margins have continued to weigh on Tata Motors PV’s financial performance since the demerger in October 2025.
The analysis
Against that, the stock is -3.3% on the day at ₹287.40, and has returned -17.8% over three months. It sits 28% below its 52-week high, which means a good deal of bad news was already in the price. The auto sector has moved -4.8% over the same period, so Tata Motors Passenger Vehicles is running 13.0 points behind its peers.
This is an Asset quality / margins event. For lenders the headline profit is the least informative line. Slippages, credit cost and margin direction determine whether the quarter is repeatable. On the day the stock is -3.3%, so the market took notice.
For Tata Motors Passenger Vehicles, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Tata Motors Passenger Vehicles (Tata Motors PV) (TMPV), in Auto.
- On the day, 0 of 2 are higher: Tata Motors Passenger Vehicles (Tata Motors PV) leads at -3.3% and Tata Motors trails at -4.4%.
- Over three months: Tata Motors Passenger Vehicles (Tata Motors PV) -17.8% against Auto -4.8% (13.0 points behind); Tata Motors -8.7% against Auto -4.8% (3.9 points behind).
- At least 25% below the 52-week high: Tata Motors Passenger Vehicles (Tata Motors PV) (28%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Tata Motors Passenger Vehicles (Tata Motors PV)TMPV · Auto | ₹287.40 | -3.3% | +0.5% | -17.8% | -28.3% | 1.2× | — |
| Tata MotorsTMCV · Auto | ₹433.55 | -4.4% | +4.0% | -8.7% | -14.2% | 0.9× | — |
Auto
1M +6.0% · 3M -4.8%
Tata Motors Passenger Vehicles (Tata Motors PV), Tata Motors
Financial Services
1M +0.7% · 3M -7.5%
Prices as of 13 Nov 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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