India, April 4 -- The shares of Tata Motors fell by around 6% on Friday after global brokerage firm CLSA removed the stock from its high conviction outperform list.

The CLSA had added Tata Motors to the list only about two months back.

At 1:30pm, Tata Motors shares were trading at Rs.614.95 on the Bombay Stock Exchange (BSE). This was a drop of 5.98% or Rs.39.10 from the previous close.

The stock's intraday low so far is Rs.613.20, while the high was Rs.650.95.

At the same time, it was also the stock which fell the third-most on the Nifty Auto Index, which as a whole, had dropped by 2.46%, reaching 20,642.90.

It followed Samvardhana Motherson International which was down by 7.41%, trading at Rs.119.39, and Bharat Forge, which was dow...