Tata Motors Dashes Hopes of Turnaround, Falls By 0.86% At Closing

9th April, 2025 / 3:30 PM

Tata Motors share prices looked to have scripted a turnaround story by midday today, when they were trading at ₹591.20, which was higher than today’s opening price of ₹588 by 0.54% and also was the same as the opening price yesterday (9th April). Now, interestingly, the opening price today was lower than yesterday’s closing price of ₹588.85 by a slim margin, while the latter was also lower than April 9th’s opening price by approximately 0.39%. It has now closed at ₹582.90, which is 0.86% lower than the opening price.

9th April, 2025 / 12:30 PM

Tata Motors looks to have shrugged off the initial downtrend today, with share prices touching ₹591.20 by midday, which is about 0.54% higher than the opening price of ₹588 on 9th April. Incidentally, the latter was approximately 0.14% lower than the closing price of ₹588.85 yesterday, and this closing price was also lower than the opening price of ₹591.20 on 9th April (by 0.39%).

So, the price has returned to yesterday’s opening after maintaining a steady growth curve with a few dips in between. It went down to ₹586.34 and also rose to ₹593.77 before settling down at the midday figure. Despite JLR pausing U.S. shipments and other developments, positive sentiments seem to be circling around the stock by midday. 

9th April, 2025 / 9:30 AM

Tata Motors share prices opened at ₹588 today, which is about 0.14% lower than yesterday’s (8th April) closing price of ₹588.85. This continues the drop seen yesterday, when it closed about 0.39% lower than the opening price of ₹591.20. This was not visible at midday though, when the share prices went above the opening price by 0.23% and the opening price was also higher than the closing prices on 7th April. After the initial surge, the prices seem to have hit a downward trough and it remains to be seen whether it continues till midday. 

The company is already in the news after JLR (Jaguar Land Rover) decided to pause its U.S. shipments on the back of reciprocal tariffs and also reported flat volumes for FY25. Even though the company attained the number two position in the Indian car market for March, the tariffs could still impact it going forward. 

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