After a negative opening on BSE, the scrip further declined 3.27 per cent to Rs 169.95. At 1251 hrs, the stock was trading at Rs 170.75, down 2.82 per cent.
On NSE, following the similar trend, the stock touched an intra-day low of Rs 92.75, down 3.63 per cent from the previous close.
In a regulatory filing to the stock exchanges Tuesday, Tata Motors said S&P Global Ratings has downgraded the credit rating of the company and Jaguar Land Rover Automotive Plc citing weak profitability at its British arm JLR.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)