In the electric vehicle (EV) segment, Tata Motors sold 4,680 units in September, marking a significant drop from 6,050 units in the same month last year.

The multibagger auto stock has climbed 52.56% in a year and risen 20% in 2024. Tata Motors stock has a one-year beta of 1, indicating very average volatility during the period.

Tata Motors shares drop 2.92% on NSE after significant decline in domestic and international sales for Q2 FY25.

Mahindra & Mahindra achieved this milestone following a robust sales performance in September 2024, marking a 24 per cent increase in sales

Tata Motors has seen a hefty 15% drop in its total domestic sales for September, compared to the same time last year. The company sold 69,694 units this month, which is a big drop from the 82,023 units sold in September last year. This decline is mainly due to slow consumer demand and seasonal factors affecting the auto industry.

Tata Motors sold nearly 4,000 fewer cars in September 2024 as compared to the year-ago period, indicating an inventory build-up at the dealership level.

Tata Motors said EV sales numbers have seen a fall due to lapse of registration and road tax waivers in key states. Also, the fleet of EV sales is down due to lapse of FAME II and non-inclusion of the fleet segment in the PM-eDRIVE scheme,

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On the last trading day, Tata Motors opened at ₹937 and closed slightly lower at ₹936.5. The stock reached a high of ₹950.3 during the day and hit a low of ₹936.5.