India's Tata Motors rises after Indonesian unit wins record order

Tata Motors

11/02/2026 04:15

** Shares of Tata Motors TATM.NS up 2% at 482 rupees

** Commercial vehicles maker says Indonesian subsidiary got order for Yodha and Ultra T.7 vehicles, totalling 70,000 units

** Biggest order for Tata Motors Indonesia - co

** Stock, on avg, rated "buy" by 16 analysts covering it; median TP 515 rupees - data compiled by LSEG

** YTD stock up about 16%

(Reporting by Hritam Mukherjee in Bengaluru)

((Hritam.Mukherjee@thomsonreuters.com;))