New Delhi, Feb. 28 -- Tata Motors share price declined over 2% on Friday to hit a fresh 52-week low amid persistent selling pressure. Tata Motors shares extended its fall for the ninth consecutive trading session on February 28 and touched a 52-week low of Rs.630.15 apiece on the BSE.

Tata Motors stock is down more than 46% from its peak, eroding about Rs.2 lakh crore in its market value.

The decline in Tata Motors' stock price is primarily driven by a weak demand outlook for Jaguar Land Rover (JLR) in key markets such as China and the UK, along with softness in the domestic passenger vehicle segment.

Additionally, concerns over potential US import tariffs on European-made vehicles pose a further risk to JLR's sales in the US, which ac...