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Tata Motors commercial vehicle stock rallies 26% after beat on Q2 results
Tata Motors stock rose 26.4% after reporting ₹2,184 crore profit on ₹31,210 crore revenue and announced five new electric commercial models for FY26.
Tata Motors Ltd’s commercial vehicles division saw its stock jump 26.4% after reporting better-than-expected Q2FY26 earnings. Revenue rose 18% YoY to ₹31,210 crore and net profit increased to ₹2,184 crore compared to ₹1,420 crore last year. Earnings were driven by strong fleet replacement demand and higher export volumes in Africa and the Middle East.
EBITDA margin improved to 14.3% from 12.1%. Management announced plans to launch five new electric commercial models in FY26 as part of its carbon-neutral transition strategy.