Preview: India's Tata Motors slips ahead of results

Tata Motors

29/01/2026 04:12

** Shares of India's top commercial vehicle maker Tata Motors TATM.NS fall 1.2% to 462.5 rupees ahead of quarterly results

** Sales of commercial vehicles in India rose 22% across all segments during the December quarter, with those of TATM rising 18% after the government cut taxes on commercial vehicles to 18% from 28%

** Tata Motors split from the group's passenger vehicles arm TAMO.NS in October and made its trading debut as a separate entity in November

** Nomura says clear improvement in fleet operator economics, driven by lower GST cuts and better freight rates, will lead to higher profitability

** Co is also expected to take a hit from a one time charge due to India’s new labour codes implemented in November last year

** Shares up 38% since its listing on November 12, 2025, at 335 rupees

 (Reporting by Mridula Kumar in Bengaluru)

 ((Mridula.Kumar@thomsonreuters.com;))