Why is Tata Motors stock continuing to fall, it has fallen below 1000 for the ninth consecutive session

Tata Motors stock slipped over 4% to Rs 990 level and gave up the Rs 1,000 level to the ongoing correction.

The multibagger stock closed 0.30% lower at Rs 1035.45 on Tuesday.

The foreign brokerage values JLR at Rs 340, on 7 times one-year forward PE 

The stock has gained 70.28% from the 52-week low of Rs 608.45 on October 4, 2023.  

On Wednesday, the stock fell 4.86 per cent to hit a low of Rs 985.15 on BSE. 

Market cap of the firm slipped to Rs 3.64 lakh crore on Wednesday. On BSE 

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