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Analysts flag Tata Technologies stock amid profit slump and mixed outlook
Tata Technologies faced analyst caution after profits plunged sharply, with brokers flagging potential headwinds and recommending a more defensive stance today.
Tata Technologies’ share price came under pressure after the company reported a steep 96% year on year drop in Q3 consolidated profit to roughly ₹6.6 crore, highlighting near term earnings challenges. Brokerages cautioned that weakness in the core engineering contracts, margin headwinds and macro uncertainty could limit upside, prompting some analysts to recommend a sell or reduce stance on the stock as markets adjust expectations.