VERIFIEDMint Markets·14 Aug 2026negative

Tata Motors PV shares tumble 6% after net profit drops in Q1; analysts stay cautious

AI Summary

·Tata Motors Passenger Vehicles shares fell 6% to ₹329.
·Net profit dropped 80% due to challenges at JLR and high material costs.
·Analysts expect ongoing pressure, with one maintaining a 'Sell' rating and target price of ₹310.