Tata Motors Q3FY26 results: Analysts stay cautiously positive as India PV growth improves, JLR outlook stabilises. Targets range ₹310-₹460.
Reviewing the performance of its high-conviction ideas, InCred said Tata Motors Commercial Vehicles, GE Vernova T&D and Thyrocare Technologies have been "big outperformers to Nifty"
Tata Motors Passenger Vehicles slipped into a loss in Q3FY26 due to costs linked to a JLR cyber attack and regulatory provisions, even as domestic retail demand stayed robust, led by SUVs
Sensex Today | Stock Market LIVE Updates, Thursday:In the broader market, the BSE Midcap 150 index slipped 0.5 per cent, while the SmallCap 250 dipped nearly 1 per cent.
According to Axis Securities, the moderation in reciprocal tariffs to 18 per cent represents a meaningful tailwind for Indian automobile exporters, particularly auto component manufacturers
Nomura, which has a 'Buy' rating on Tata Motors with a target price of ₹547, sees clear signs of a CV upcycle gathering momentum, driven by improving industry fundamentals.
Stocks to Watch today: Tata Motors CV, Swiggy, ITC, Vedanta, Paytm, Colgate, and Voltas are among the stocks to watch today, January 30, 2026
Revenue for the quarter increased 16.1 per cent to ₹21,847 crore.
Tata Motors posted a 48 per cent Y-o-Y fall in profit for Q3FY26 due to exceptional items related to demerger and Labour Code expenses, even as revenue rose more than 16 per cent
Tata Motors stock outlook: Key drivers in 2026 will include the govt's sustained infra push and expansion in end-use sectors, both of which are expected to fuel positive momentum for the CV industry.
Tata Motors Q3 Preview: Nomura notes that MHCV volumes rose 24 per cent Y-o-Y, leading to a similar 24 per cent increase in revenues on both a Y-o-Y and Q-o-Q basis.
Nomura expects TMCV's India business to be a key beneficiary of the anticipated recovery, supported by its dominant 46 per cent market share in the domestic MHCV segment in FY25.
Wagh said Tata Motors is targeting hard-to-abate sectors with a full e-truck ecosystem, and added it will participate in the upcoming 6,000-bus tender after missing the 10,900 e-bus order
As per media reports, the US government has a announced 10% tariff on the European Union and the UK, effective from February 1, 2026.
Tata Motors has sought targeted incentives for entry-level electric vehicles and support to the electric cars used in the fleet segment under the PM E-DRIVE scheme in the upcoming Union Budget. In an interaction with PTI, Tata Motors Passenger Vehicles MD & CEO Shailesh Chandra said that while government interventions such as GST 2.0, repo rate reduction and tax regime changes have revived demand in the passenger vehicle industry, entry-level EVs continue to face pressure. "I would like to really appreciate the government for reviving the PV industry and the electric vehicle side as well. Two things which can be considered (in the Budget). One there is a lot of pressure on the entry segment on the EV side and if the government would like to consider some level of incentives," he said. There is enhanced pressure on the entry-level EVs with GST reforms leading to reduction in prices of petrol cars, Chandra said. "The government last year took significant steps. The big one has been .
TMCV remains the market leader in MHCVs, with retail market shares of ~49 per cent in heavy CVs, ~37 per cent in passenger buses, and ~30 per cent in light goods vehicles (FY25).
The country's third-largest PV maker is scaling up output through debottlenecking and brownfield expansion as demand for Sierra builds and the Punch facelift, including a CNG automatic, gains traction
The Punch facelift will be introduced to the Indian market today by Tata Motors. The micro-SUV will receive mechanical, feature, and cosmetic improvements with this update
Shares of TMPV fell on Tuesday after it said that JLR's third-quarter sales were impacted by a cyber incident and US tariffs
According to InCred Equities, the CV downcycle that played out over six quarters between April 2024 and July 2025 appears to be bottoming out.