Five Tata Group Stocks Hit Fresh 1-Year Lows as Market Sell-Off Extends to Third Day
Five Tata Group stocks hit fresh one-year lows on January 21 amid a three-day market sell-off driven by global trade tensions and weak domestic fundamentals. Tata Chemicals led the decline with a 4.2% fall to ₹700.00, while Trent dropped nearly 4% to ₹3,736.00, extending its annual decline to 40%. Other affected stocks included Tejas Networks, Tata Motors Passenger Vehicles, and Tata Teleservices. The broader market weakness was compounded by FPI outflows of ₹29,135.00 crore month-to-date and muted Q3 results from Nifty 50 companies.
*this image is generated using AI for illustrative purposes only.
Five Tata Group stocks touched fresh one-year lows on January 21 as the Indian stock market sell-off extended into its third consecutive day. The decline was driven by escalating global trade and geopolitical tensions, with investors moving away from riskier assets amid concerns over potential trade wars.
Tata Chemicals Leads Decline
Tata Chemicals emerged as the worst performer among Tata Group companies, extending its decline for the fourth straight session. The stock performance details are outlined below:
| Parameter: | Details |
|---|---|
| Daily Decline: | 4.2% |
| Closing Price: | ₹700.00 |
| Status: | New one-year low |
| Four-day Cumulative Decline: | ~10% |
Trent Continues Bearish Trend
Trent was another significant laggard in the Tata Group portfolio, with the stock experiencing substantial declines across multiple timeframes:
| Timeframe: | Performance |
|---|---|
| Daily Decline: | Nearly 4% |
| Closing Price: | ₹3,736.00 |
| Month-to-date Decline: | 13% |
| Annual Decline (CY25): | 40% |
| Notable Milestone: | First annual decline since 2013 |
The stock's poor performance has been attributed to weak quarterly results and deteriorating investor sentiment.
Other Tata Group Stocks Under Pressure
Several other Tata Group companies also faced significant selling pressure:
Tejas Networks continued its bearish trend for the ninth consecutive session, declining 2% to ₹321.55. This contributed to a steep 27% decline in January, marking its most significant monthly fall in a year.
Tata Motors Passenger Vehicles initially touched a fresh one-year low of ₹333.95 but recovered early losses to trade 1% higher at ₹341.00 as of 12:30 PM.
Tata Teleservices (Maharashtra) shares touched a new 52-week low of ₹41.90 during the trading session.
Broader Market Context
The Indian stock market experienced another weak session, with both benchmark indices declining significantly:
| Index: | Performance | Level |
|---|---|---|
| Nifty 50: | Down 1.24% | 24,919 |
| S&P BSE Sensex: | Down 1.3% | 81,124 |
The market weakness was attributed to multiple factors including unsupportive global cues and a gloomy domestic macro picture. The first batch of December-quarter results from Nifty 50 companies showed muted performance, with bottom-line results impacted by labour code-related expenses.
Foreign Investment Outflows Continue
Foreign portfolio investors (FPIs) continued their selling spree, offloading ₹2,938.00 crore during Tuesday's session according to NSDL data. This brought the month-to-date outflows to ₹29,135.00 crore, further pressuring market sentiment.
The persistent FPI selling also weighed on the Indian rupee, which touched another record low of ₹91.54 against the US dollar, adding to the overall market concerns.
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