Overview

• Shares fell to Rs 39.76 on July 11, marking a 53.6% year-to-date plunge.
• June sales dropped 45% to 20,189 units, causing market share to fall from 46% to 19%.
• Major investors, including Hyundai and Kia, sold down stakes in early June, intensifying investor concerns.
• A block deal of 1.29 million shares on July 10 further weighed on the stock.
• Analysts urge investors to avoid fresh purchases until the pivotal July 14 Q1 FY26 earnings report indicates a turnaround.