India's Tata Motors rises after quarterly sales rise
01/07/2026 10:10
BUZZ-India's Tata Motors rises after quarterly sales rise ** Shares of Tata Motors TATM.NS rise nearly 3% to 434.80 rupees
** Commercial vehicle maker reports Q1 FY27 total sales up 27% y/y, while June 2026 sales rise 35% y/y
** Co expects sales momentum to continue, supported by auto and port logistics, e-commerce and core sectors; adds monsoon and commodity costs remain key monitorables
** Trading volume at 9.62 million shares vs 30-day average of 10.28 million
** TATM rated "buy" on average by 20 analysts, median PT at 460 rupees - data compiled by LSEG
** YTD stock up about 5%
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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