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Tata Motors rises on unchanged JLR outlook, commercial vehicles sales surprise

ReutersAug 11, 2025 5:55 AM

Shares of Tata Motors TAMO.NS rise 2.5% to 650 rupees, set to snap four days of losses

Automaker maintains outlook for Jaguar Land Rover, primarily manufactured in the UK, saying U.S.-UK trade deal would sharply cut tariff hit

Macquarie says cost optimisation, pricing should support margins but warns of potential demand slowdown

Stronger-than-expected domestic commercial vehicle (CV) sales provided surprise revenue lift, analysts note

CV Q1 revenue was down to 170 bln rupees vs 178.5 bln rupees last yr

Q1 profit fell 63% on U.S. tariffs wiping $341 mln off earnings

Average rating from 13 analysts is "buy", median PT is 734 rupees - data compiled by LSEG

Stock down nearly 15% YTD

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