On this page
Tata Motors shares jump 6% after Q1 CV earnings beat; Nomura lifts target to Rs 554
Tata Motors reported stronger Q1 FY27 commercial-vehicle earnings, supported by pricing discipline, cost efficiencies and operating leverage despite commodity inflation. Nomura upgraded the stock to Buy, citing healthy near-term CV demand and potential for further margin improvement.
Get the 07:30 IST India retail brief
One email each morning: the day’s top moves in Indian retail, why each matters and what to watch. Free. Stop any time.
Reported figures
From the report. Source details below
| Net profit up 8% YoY to | Rs 1,528 crore |
|---|---|
| Revenue up 23% to | Rs 19,329 crore |
| EBITDA up 17% to | about Rs 2,300 crore |
| EBITDA margin 11.7% versus | 12.3% YoY |
| PBT before exceptional items up 26% to | Rs 2,057 crore |
| Share price rose as much as 6.12% to | Rs 485 |
| Nomura target price raised to Rs 554 from | Rs 402 |
The source
First seen