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Tata Motors gains ahead of Q1 results as Tata Group leadership transition looms
Tata Motors shares rose ahead of Q1 FY2027 results despite N. Chandrasekaran declining reappointment as Tata Sons chairman. Brokerages cited resilient commercial-vehicle demand, pricing power and lean inventories, while warning of near-term commodity-cost pressure.
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From the report. Source details below
| Shares rose 1.54% to | Rs 457 |
|---|---|
| Shares later traded 0.6% higher at | Rs 453 |
| Bank of America price target: | Rs 515 |
| Tata Trusts controls | more than 30 companies |
Also in the report
- Tata Sons is 66% held by Tata Trusts
Other figures
- TMPV fell 3.3% to Rs 336
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