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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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