Tata Motors PV shares tumble 6% on 80% profit plunge

Tata Motors is a very big car-making company in India.

It also owns Jaguar and Land Rover, famous luxury car brands made in the UK.

In the three months from April to June, the company earned much less money than before — its profit fell by 80%.

One big reason was that its luxury car business, Jaguar Land Rover, had a tough time.

A fire at a supplier's factory meant fewer cars could be built.

There were also problems in places like the Middle East and China, where fewer people were buying its cars.

Because of this, Tata Motors' share price dropped by 6% in a single day.

Some money experts are worried and say you should sell the shares.

Other experts are more hopeful and say you can still buy them.

Meanwhile, the company's India business is actually doing well, selling lots of electric cars.