The main reasons for Tata Tech's stock price underperformance in 2024 include a drop in quarterly net profit and overall market conditions. Tata Tech's Q4 net profit fell by 28%, leading to reduced investor confidence. Additionally, the stock has declined about 8% year-to-date, partly due to broader market volatility and profit booking following its strong IPO debut in late 2023. Despite these challenges, the company has potential for recovery, supported by strategic ventures such as its joint venture with BMW Group