Tata Motors' stock price fell sharply on stock exchanges on Monday, despite reporting record annual revenue and profit. The share price sank amid concerns about the demand in the domestic market and growth in Jaguar Land Rover margins. Tata Motors' shares fell as much as 9.5 percent in intraday trading on the National Stock Exchange to Rs 947.20, before settling at Rs 959.75, an 8.3 percent decline from Friday's closing. The stock declined the most in the last two years. On Friday evening, the automaker posted its highest-ever revenue and profit numbers for the full financial year 2024, with robust earnings across all three segments. It also said India's business became debt-free and is on track to become net automotive debt-free, on a consolidated basis, in the current financial year. However, the company noted that it remains cautiously optimistic about domestic demand over the full year and expects the first half to be relatively weaker.