India, Feb. 8 -- Shares of Tata Motors Friday plummeted 29.5 per cent after the company reported its biggest ever quarterly net loss of Rs 26,960.8 crore for the third quarter ended December 31.
The auto major's stock plunged 22.41 per cent to Rs 141.90 -- its 52-week low -- on the BSE.
On the NSE, it cracked 29.45 per cent to Rs 129 -- its one-year low.
The stock was the biggest drag on both the indices during morning trade.
The company's market valuation plunged Rs 9,801.94 crore to Rs 43,007.06 crore during late morning session on BSE.
The auto major Thursday reported its biggest ever quarterly net loss of Rs 26,960.8 crore for the third quarter ended December 31, hit by one-time asset impairment in its struggling British arm Jaguar...