The automaker posted a consolidated net loss of ₹5,531 crore for the second quarter of FY27, weighed down by ₹6,738 crore in exceptional items such as employee separation costs and asset write-downs. Even so, consolidated operating revenue rose to ₹96,920 crore, supported by a 50.9% jump in domestic passenger vehicle receipts and resilient volumes at Jaguar Land Rover. JLR alone shouldered £530 million in restructuring charges related to phasing out older Jaguar models, as adverse product mixes pressured overall profitability. Consequently, brokerages remain sharply divided, with target prices ranging from ₹240 to ₹360 per share.
Key points
Motilal Oswal maintained a "Sell" recommendation with a ₹240 target price citing elevated…: Motilal Oswal maintained a "Sell" recommendation with a ₹240 target price citing elevated debt levels, input cost pressures, and weak Chinese demand.
Nuvama Institutional Equities kept a "Buy" rating while trimming its target price to ₹360…: Nuvama Institutional Equities kept a "Buy" rating while trimming its target price to ₹360 based on expectations of multi-year operational expansion.
The company's shares closed at ₹287 on the BSE following an extended year-to-date decline…: The company's shares closed at ₹287 on the BSE following an extended year-to-date decline of nearly 22% in 2026.
Sources checked by our analysis pipeline: 1
Tata Motors Passenger Vehicles Ltd (TMPVL) shares will be in focus on Monday, 16 November, after the automaker reported its September quarter results, with a sharp increase in revenue and a narrowing of operational pressures but a substantial consolidated loss due to exceptional charges.
The stock has declined nearly 22% so far in 2026, raising the question of whether the recent correction offers investors an opportunity to accumulate the auto stock. However, brokerages remain divided on its prospects, with Motilal Oswal Financial Services reiterating its 'Sell' rating and setting a target price of ₹240, while Nuvama Institutional Equities has maintained its 'Buy' rating, albeit with a reduced target price of ₹360 from ₹450.
TMPVL reported a consolidated net loss of ₹5,531 crore for Q2 FY27, compared with a profit of ₹76,170 crore in the corresponding quarter last year. The loss included exceptional items worth ₹6,738 crore, primarily comprising employee separation costs of ₹3,776 crore and asset impairment charges of ₹2,856 crore.
Despite the reported loss, consolidated revenue from operations rose 34% year-on-year to ₹96,920 crore. EBITDA margin improved by 630…
The Chennai-based entity is seeking to break ground as India's premier publicly traded state-backed port, bringing competition to established private market peers. Operating under a landlord model, the facility is tapping equity markets after delivering strong revenue expansion and doubling its capital expenditure. The move will facilitate a planned offering likely to feature an offer for sale worth approximately ₹1,200 crore by calendar 2027.
A sharp market downturn driven by macro pressures and security fallout has triggered massive liquidations across digital asset exchanges. Investors are redirecting risk capital toward artificial intelligence equities ahead of major public offerings while bracing for tighter monetary policy. This systemic rotation pushed sentiment into extreme fear as leveraged positions rapidly unwound.
Following a holiday-induced lull during Diwali, investor activity in India’s primary market is rebounding sharply during the week of 16 November. The new pipeline spans both large-scale state-backed divestments and smaller growth offerings, signaling renewed institutional and retail demand across multiple sectors. These public offerings provide key opportunities for capital expansion while testing investor appetite through varied mainboard and SME listings.