Tata Motors‘ share price continued to remain under pressure on Tuesday, going down over 1.5% to hit an intraday low of 790.35.

What Happened: Shares of the company extended losses to the fourth straight session on Tuesday. Shares of the auto giant have been under the pump as the company deals with declining sales.

This is the first time since January that the stock has sunk below ₹800 levels. Technical analysts had predicted this earlier this month and see more pain ahead for the Tata Group company.

The company’s earnings for the September quarter also did not help lift investor sentiment. The automaker reported a net profit of ₹3,343 crore for the quarter, down 11% from ₹3,764 crore in the same period last year. The number was much below analysts’ estimates of around ₹4,621 crore.

Brokerages also expressed concerns about the company after its results. While many remain optimistic that JLR volumes may bounce back in the second of the financial year, demand worries for domestic businesses persist.

Here are the latest ratings on the stock:

Price Action: Tata Motors’ share price was down 1.64% to trade at ₹791.50 on Tuesday afternoon.

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