Tata Motors Passenger Vehicles Ltd Share Price – NSE /  BSE

Automobile, Mid Cap

Tata Motors Passenger Vehicles announced that TP Paarthav (TPPL) has ceased to be an associate of the company with effect from 08 January 2025.

Earlier in September 2025, the company had intimated execution of Share Subscription and Shareholders' Agreement with Tata Power Renewable Energy to acquire 26% equity stake in TPPL, a special purpose vehicle (SPV).

In terms of the actual investment in the aforesaid SPV and in terms of the Composite Scheme of Arrangement as sanctioned by the Hon'ble National Company Law Tribunal, the stake of Tata Motors Passenger Vehicles in TPPL stands reduced to 12.89%.

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JLR is a wholly owned subsidiary of the company.

Wholesale volumes for the third quarter were 59,200 units (excluding the Chery Jaguar Land Rover China JV (?CJLR?) ), down 43.3% YoY and down 10.6% QoQ. wholesale declined across all the regions, with the UK down 0.9%, North America down 64.4%, Europe down 47.6%, China down 46.0 %, MENA down 8.5% and Overseas down 50.4%. The overall mix of Range Rover, Range Rover Sport and Defender models accounted for 74.3% of total wholesale volumes in Q3 FY26, up from 70.3% in Q3 FY25 and down from 76.7% in the prior quarter.

Retail sales stood at 79,600 units (including CJLR ) in Q3 FY26, marking a decline of 25.1% YoY and 6.7% QoQ. Retail volumes were lower across all key markets in Q3 FY26, comprising the UK which was down 13.3%, North America down 37.7%, Europe down 26.9%, China down 18.4%, MENA down 18.7% and Overseas down 14.1%.

The company said that production returned to normal levels only by mid-November post the cyber incident. Due to this and also the time required to distribute vehicles globally once produced, wholesale and retail volumes reduced on a quarter-on-quarter and year-on-year basis. In addition, the planned wind down of legacy Jaguar models ahead of the launch of new Jaguar, and incremental US tariffs impacting JLR?s US exports, continued to impact volumes.

JLR is scheduled to report its full financial results for Q3 FY26 in February 2026.

Tata Motors Group is a leading global automobile manufacturer. Part of the illustrious multinational conglomerate, the Tata Group, it offers a wide and diverse portfolio of cars, sports utility vehicles, trucks, buses, and defense vehicles to the world.

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JLR reported its wholesale and retail sales for the third quarter of FY26 (three-months to 31 December 2025 ). Production returned to normal levels only by mid-November post the cyber incident. Due to this and also the time required to distribute vehicles globally once produced , wholesale and retail volumes reduced on a quarter-on-quarter and year-on-year basis. In addition, the planned wind down of legacy Jaguar models ahead of the launch of new Jaguar , and incremental US tariffs impacting JLR's US exports , continued to impact volumes .

Wholesale volumes for the third quarter were 59,200 units (excluding the Chery Jaguar Land Rover China JV ('CJLR') ), down 43.3% year-on-year and down 10.6% compared to Q2 FY26. Compared to the prior year, wholesale volumes for the third quarter were down in all markets comprising the UK which was down 0.9%, North America down 64.4%, Europe down 47.6%, China down 46.0%, MENA1 down 8.5% and Overseas down 50.4%. The overall mix of Range Rover, Range Rover Sport and Defender models was 74.3% of total wholesale volumes in Q 3 FY26, up from 70.3% in Q3 FY25 and down from 76.7% in the prior quarter . Wholesale volumes for the financial year to date were 212,600 , down 26.6% YoY.

Retail sales for the third quarter of 79,600 units (including CJLR ) were down 25.1% year-on year and down 6.7% compared to Q2 FY26. Compared to the prior year, retail volumes for the third quarter were down in all markets , comprising the UK which was down 13.3%, North America down 37.7%, Europe down 26.9%, China down 18.4%, MENA1 down 18.7% and Overseas down 14.1%. Retail volumes for the financial year to date were 259,400, down 19.1% YoY.

JLR will report its full financial results for Q3 FY26 in February 2026.

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Tata Motors Passenger Vehicles Ltd is up for a fifth straight session today. The stock is quoting at Rs 373.6, up 0.88% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.02% on the day, quoting at 26333.05. The Sensex is at 85709.92, down 0.06%. Tata Motors Passenger Vehicles Ltd has gained around 7.26% in last one month.

Meanwhile, Nifty Auto index of which Tata Motors Passenger Vehicles Ltd is a constituent, has gained around 5.25% in last one month and is currently quoting at 28803.65, up 0.84% on the day. The volume in the stock stood at 52.29 lakh shares today, compared to the daily average of 126.94 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 375.2, up 0.9% on the day. Tata Motors Passenger Vehicles Ltd is down 20.5% in last one year as compared to a 11.5% jump in NIFTY and a 23.69% jump in the Nifty Auto index.

The PE of the stock is 20.6 based on TTM earnings ending September 25.

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