India, June 17 -- Shares of Tata Motors Passenger Vehicles Ltd (TMPV) fell around eight per cent on Wednesday, making it one of the worst-performing stocks on the benchmark indices, as investors reacted negatively to the FY27 outlook presented by Jaguar Land Rover (JLR), the company's key earnings contributor.

JLR accounts for a significant share of TMPV's revenue and profitability, making its guidance closely watched by investors.

The decline followed JLR's Investor Day presentation, where the carmaker outlined its FY27 expectations.

Investors were disappointed by the company's profitability and cash flow outlook, which came in below market expectations despite management's long-term growth plans.

According to reports, the guidance s...