TATA motor - reason for the fall

Many who are holding TATA motor are worried regarding the fall of share price in the last 2-3 months. One of the main reason for the fall is: during the recent corporate restructuring, TATAMTRDVR was converted into TATA Motor shares. during this conversion, the company had considered the difference between the value 7:10 ratio as "deemed dividend" (around ₹200 per share). Since this dividend had been paid to the shareholders, the company had to deduct TDS, but here there is no real dividend distributed to TATAMTRDVR shareholders, hence in order to pay TDS, the company sold around 80 lakh shares (in september 2024) to ensure money is available to pay TDS. This had lead to fall in share price. Once price falls to some level say 5%, automatic stoploss and technical analysis leads to further fall in price. To add to this automobile sector was also facing stress starting from October 2024. Hence all added up to more than 30% fall. I feel the share is fundamentally strong for the following reasons: a) TATA b) Strong ecosystem in EV along with companies - TATA power, TATA elxsi, TATA tech, TATA power c) company also has major share in tata tech (55%). Have some subsidiary stake in TATA motor finance and tata capital. Most importantly around 1% in TATA sons pvt ltd. d) although some criticize on social media for the new launches in Jaguar, i believe that the company will overcome these short term headwinds. e) company had promised to achieve zero net debt. f) P/e, ROCE, ROE are attractive. h) Company is further planning to restructure in PV and CV which may unlock value. i) as per screener there is ₹36000 crore Free cash flow, FII and DII had increased in the last quarter. . so i think it is a value buy for medium to long term. Disclosure: Invested. Please share your opinion/counter opinion. Correct me if any there is anything wrong with my thinking process.