 "Tata Motors hits 52-week low")
Shares of Tata Motors have dipped 6% to Rs 405, also their 52-week lows on the National Stock Exchange (NSE), on concerns about a slowdown in China.
China is the biggest market of Tata Motors' Jaguar Land Rover (JLR). The Chinese markets continued their plunge this week, wiping close to 37% off their market valuation from the peak of June 12.
The stock of Tata Motors has plunged 33% from its record high of Rs 606 touched in February this year.
At 1122 hours, the stock of Tata Motors was down 5.6% to 407 and has seen a combined 6.16 million shares changing hands on the counter on the NSE and BSE.
China is the biggest market of Tata Motors' Jaguar Land Rover (JLR). The Chinese markets continued their plunge this week, wiping close to 37% off their market valuation from the peak of June 12.
The stock of Tata Motors has plunged 33% from its record high of Rs 606 touched in February this year.
At 1122 hours, the stock of Tata Motors was down 5.6% to 407 and has seen a combined 6.16 million shares changing hands on the counter on the NSE and BSE.