Bangalore: Tata Motors (TATAMOTORS) had a rough ride today in the markets, when its shares dropped by 5.43 percent to end the day among the top losers. Having started the day at Rs 360, the stock rose to an intra-day high of Rs 365 before plunging to Rs 337.60 down Rs 19.40 at the close. The 52-week stock price chart is given on the left. Tata Motors is a leading automobile manufacturer in India and is engaged in the business of automobile products consisting of all types of commercial and passenger vehicles, including financing of the vehicles sold by the Company. According to newspaper sources, Tata Motors has put its future product development plans on hold. Several products that were on the drawing board have been delayed by 6-8 months and the company will take a call on some of them depending on both the larger economic scenario and its own financial health. A total of 31 analysts follow Tata motors with consensus rating being underperform. Among these, 10 analysts recommend to sell the stock and eight analysts give a rating of underperform. SBI Magnum Tax Gain Scheme with 1,291,708 shares is the mutual fund holding the highest number of shares in Tata Motors.