Tata Motors CV shares fall over 3% after earnings report
after close1 source ↓written by the desknot a recommendation
- indicating a potential
- 6% upside
Tata Motors (CV) shares fell more than 3% to ₹311 on Monday, continuing a downward trend after reporting a consolidated net loss of ₹867 cr for Q2 FY26, compared to a net profit of ₹498 cr a year ago. This marks the company's first earnings report since its standalone listing on 12 Nov 2023.
The results raised concerns among investors, with brokerage Motilal Oswal maintaining a Neutral stance and a target price of ₹341, indicating a potential 6% upside. Market share erosion remains a significant worry for the company.
Not investment advice. For informational purposes only.