NSE: TMPV · 22 October 2026
- Tata Motors Passenger Vehicles Ltd (TMPV) declined 2.07% on Wednesday, settling at ₹270.00 after opening at ₹273.25. The stock moved within a narrow intraday range, hitting a high of ₹273.30 and a low of ₹277.85—which also marked its new 52-week low.
- Tata Motors Passenger Vehicles Limited and Stellantis signed a definitive agreement expanding their long-standing partnership into advanced technology and product collaboration. Under the agreement, TMPV will provide Stellantis access to its advanced product technology and vehicle architecture for vehicles to be manufactured at Fiat India Automobiles Private Limited (FIAPL) in Ranjangaon for global markets.
- Trading volume was 0.96 times the 20-day average daily volume.
Why is Tata Motors Pass Veh share price falling on 22 October 2026?
Tata Motors Passenger Vehicles Ltd (TMPV) declined 2.07% on Wednesday, settling at ₹270.00 after opening at ₹273.25. The stock moved within a narrow intraday range, hitting a high of ₹273.30 and a low of ₹277.85—which also marked its new 52-week low.
The downward price action coincided with broad weakness across the benchmark indices and automotive sector. The Nifty slipped 0.88%, while the Nifty Auto sector benchmark dropped 2.27%, underperforming the broader market. TMPV's pullback also reflects ongoing near-term pressure, extending a broader correction that includes a 4.86% decline over the past 5 trading days and a 10.01% drop over the past 20 trading days.
While the company recently announced an expanded strategic partnership with Stellantis on October 12, 2026, to collaborate on advanced technology and product development for global markets, this update serves as broader business context rather than an immediate catalyst for today's price movement. Similarly, the recent robust quarterly performance for Q2 FY27—highlighted by total sales of 201,723 units—underpins its long-term operational progress, though today's decline appears driven by prevailing sector headwinds and technical weakness rather than a specific single new development.
95.69 lakh shares traded by 22 October 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 99.98 lakh shares (0.96 times). The five-day average daily volume was 68.21 lakh shares. Separately, the NSE report for 22 October 2026 showed 41.95 lakh shares delivered, representing 43.83% of that day’s traded volume. The same report recorded 94,735 trades.
Today's 2.07% decline lacks a specific single catalyst and appears driven by broader weakness across the automotive sector and continuation of recent negative momentum.
Latest Company Developments
Tata Motors Passenger Vehicles Limited and Stellantis signed a definitive agreement expanding their long-standing partnership into advanced technology and product collaboration. Under the agreement, TMPV will provide Stellantis access to its advanced product technology and vehicle architecture for vehicles to be manufactured at Fiat India Automobiles Private Limited (FIAPL) in Ranjangaon for global markets.
This collaboration strengthens TMPV's global footprint and leverages its engineering capabilities across more than 50 international markets.
TMPV recorded its highest-ever quarterly sales of 201,723 units in Q2 FY27, marking a 40% year-on-year increase compared to Q2 FY26. Electric vehicle sales surged 90% year-on-year to over 47,000 units, pushing EV portfolio penetration to 23%, while CNG models contributed 28% to total volumes.
Robust volume expansion across green powertrains highlights strong underlying demand and positions the company favourably ahead of the festive season.
Compounding Order received from the Reserve Bank of India.
a press release dated October 12, 2026, titled "Stellantis and Tata Motors Passenger Vehicles Broaden Strategic Partnership to include Advanced Technology and Product Collaboration".
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 9.78% on 30 September 2026. This compares with 10.05% on 30 June 2026, a change of -0.27 percentage points.
The filing reported 51 MF/UTI holders.
What to Watch Next
- Execution progress of the expanded strategic partnership with Stellantis
- Sustained festive season demand and Vahan registration trends for passenger vehicles
- Delivery percentage and volume participation relative to the 20-day average volume
- Near-term price stabilization around the newly formed 52-week low of ₹267.85
Other Dated Coverage
- Tata Motors Pass Veh Share Price Today: Why TMPV Is Falling 3.09% | 19 October 2026 — 19 October 2026
- TMPV in Focus After Broadening Strategic Partnership With Stellantis | 14 October 2026 — 14 October 2026
- Tata Motors Passenger Vehicles in Focus on Stellantis Partnership Agreement | 13 October 2026 — 13 October 2026
More Tata Motors Pass Veh news and dated analysis →
Frequently Asked Questions
What is the latest Tata Motors Pass Veh company news?
Tata Motors Passenger Vehicles Limited and Stellantis signed a definitive agreement expanding their long-standing partnership into advanced technology and product collaboration. Under the agreement, TMPV will provide Stellantis access to its advanced product technology and vehicle architecture for vehicles to be manufactured at Fiat India Automobiles Private Limited (FIAPL) in Ranjangaon for global markets.
How strong was Tata Motors Pass Veh’s trading volume?
95.69 lakh shares traded, 0.96 times the 20-day average daily volume. The price and volume data are dated 22 October 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.