Jaguar Land Rover (JLR), a part of Tata Motors, said on Thursday the recently shipped vehicles to China's Tianjin port may have been damaged in huge explosions. 'Tianjin Port is one of three major locations in China through which Jaguar Land Rover imports vehicles,' it said.

At the time of the explosion, approximately 5,800 vehicles that had recently been shipped to China were stored at various locations in Tianjin, JLR said said. 'However, access to facilities near the site of the explosion remains restricted and so whilst we believe many of these vehicles may have been damaged, we are presently unable to quantify the numbers of units affected.'

Further the company said, 'We will continue to monitor the situation and work to minimize the impact on our customers and the business.'

Shares of the company declined Rs 11.85, or 3.46%, to trade at Rs 330.25. The total volume of shares traded was 563,466 at the BSE (11.23 a.m., Friday).