Tata Motors Share Price Today: Tata Motors PV Slips After Weak Q2 Results; JLR Drag, Margin Pressure Hit Sentiment

The Tata Motors share price today opened on a weak note as the market reacted sharply to the latest quarterly performance from Tata Motors Passenger Vehicles (TMPV). The mood around the stock shifted early in the session, with traders revisiting the Q2 print and its impact on the broader sentiment in the auto space.

Market Performance & Stock Movement

The stock opened at ₹369, slipping 5.7% from the previous close of ₹391.2.

By mid-session, the focus remained firmly on the Tata Motors PV share price today, as the market absorbed the deeper operational challenges disclosed in the quarterly update.

The broader stock market today stayed steady, but Tata Motors PV became one of the more actively discussed counters due to the volume of numbers released in its first quarterly report as a standalone entity.

Main News: Q2 Results Hit Hard by JLR Losses & Cyber Incident

Tata Motors Passenger Vehicles reported a weaker-than-expected Q2 FY26, largely due to a sharp deterioration in Jaguar Land Rover’s financial performance. The disruption at JLR overshadowed the company’s India PV operations and shaped much of today’s reaction in the stock.

The pressure came from three major areas—JLR losses, margin cuts, and the impact of the September cyber incident.

Key Q2 Highlights

• JLR slashed its full-year EBIT margin guidance to 0–2% (from 5–7% earlier).
• JLR expects GBP 2.2–2.5 billion free cash outflow for the year.
• JLR reported a GBP 485 million loss before tax and exceptional items.
• JLR revenue dropped 24.3% YoY to GBP 24.9 billion.
• The cyber incident halted production in September, putting additional pressure on margins.

For the India PV business, the effect of the CV demerger also altered numbers significantly.

India PV Impact (Adjusted for CV Demerger One-Time Gain)

• Loss of ₹6,370 crore vs last year’s profit of ₹3,056 crore.
• On a standalone basis, adjusted loss stood at ₹237 crore.
• Revenue rose 6% to ₹12,751 crore.
• EBITDA dropped to ₹303 crore from ₹717 crore.
• EBITDA margin fell to 2.4%.

These figures shaped the mood around the Tata Motors PV stock update, making the Q2 performance a central driver of today’s decline.

Company Details: Tata Motors PV as a Standalone Entity

This Q2 report marked a notable milestone—Tata Motors Passenger Vehicles presented its first quarterly numbers as a standalone company.

The report arrived at a time when the global premium vehicle market remains challenging, with:

• Demand pressures
• Higher cost structures
• Operational disruptions
• Production challenges linked to the cyber incident

While India PV showed resilience in revenue growth, the JLR drag and margin erosion pulled down the overall performance, shaping today’s market direction.

Summary

The Tata Motors PV share price today came under clear pressure as the company’s Q2 FY26 report revealed substantial challenges led by JLR losses, margin contraction, and the production disruption caused by the September cyberattack.

With revenue at ₹12,751 crore, EBITDA at ₹303 crore, and margins at 2.4%, the impact of the quarter was visible in today’s market reaction.

As Tata Motors PV navigates its first results as a standalone entity, the numbers released in this quarter played a decisive role in how the stock traded through the day.