JLR exports: TaMo shares worst hit in India’s mo-town

Mumbai: Some auto and supporting stocks saw strong sales after 25% of the US on Thursday Import duty On these products, effective from May 2025. Tata Motors, which exports more than 20% Jaguar-Land Rover Cars in the US decreased by 5.6% and led the pack in Thursday’s season.
Among other people, Sundaram fasteners lost 4% while Ashok Leyland was about 3% and Samvardhana Mother’s below 2.2%. From May 2025, the Trump administration will compress the operating margin of Indian component manufacturers by 125–150 basis points (100bps = 1 percent point) from May 2025 to impose 25% tariffs on major automobile components, which, assuming complete absorption of tariffs, said Anuj Sathi, a senior director of Crisil rating, assuming complete absorption of tariffs.
“Fifth of India’s revenue Auto component area Is taken from exports. Of this, 27% American market alone. Operational profitability of indirect suppliers – which supply Tier 1 suppliers or OEMs in other countries with the final destination in the US – will also be impressed, ”Sati wrote in a note.
Close to trading, BSE’s auto index was 1%below. In the broad market, Sensex scored 318 points 77,606 points – its eighth session – foreign funds continue to purchase in the last nine days. On NSE, Nifty scored 105 points 23,592.
According to Mehta Equality’s Prasanth Tapasse, domestic markets organized tariffs affected by tariff concerns and organized their recovery benefits despite renewing the optimism among foreign funds. At the same time, “the global market stumbled over the fears of a trade war affecting American economic development and inflation. Further, the focus of the market will move to major events, including US inflation figures and upcoming tariff decisions,” Tape said.