Tata Motors fell 0.56% to Rs 327.75 at 9:57 IST on BSE after total sales fell 0.5% to 40,680 units in August 2015 over August 2014.
The company announced the monthly sales volume data after trading hours yesterday, 1 September 2015.
Meanwhile, the BSE Sensex was up 60.81 points, or 0.24%, to 25,757.25.
On BSE, so far 1.68 lakh shares were traded in the counter, compared with an average volume of 9.36 lakh shares in the past one quarter.
The stock hit a high of Rs 332.75 and a low of Rs 326.05 so far during the day. The stock had hit 52-week low of Rs 304.10 on 24 August 2015. The stock hit a record week high of Rs 605.32 on 3 February 2015.
The stock had underperformed the market over the past one month till 1 September 2015, sliding 14.24% compared with 8.6% fall in the Sensex. The scrip had also underperformed the market in past one quarter, falling 30.19% as against Sensex's 7.73% decline.
The large-cap company has an equity capital of Rs 577.44 crore. Face value per share is Rs 2.
Tata Motors' domestic sales declined 3% to 35,478 units in August 2015 over August 2014. Exports rose 16% to 5,202 units in August 2015 over August 2014. Sales of passenger cars rose 19% to 9,814 units in August 2015 over August 2014. In commercial vehicles segment, medium and heavy commercial vehicles (M&HCV) sales jumped 31% to 12,017 units in August 2015 over August 2014. Sales of light and small commercial vehicles dropped 25% to 12,267 units in August 2015 over August 2014. This monthly sales data pertains to the standalone operations of Tata Motors. Tata Motors' standalone business mainly comprises of its commercial vehicles and passenger vehicles business in India.
Tata Motors' consolidated net profit fell 48.7% to Rs 2768.91 crore on 5.6% fall in total income to Rs 61326.75 crore in Q1 June 2015 over Q1 June 2014.
Tata Motors is a market leader in commercial vehicles in India. The company's British unit Jaguar Land Rover sells premium luxury cars.
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