Tata Motors Shares Surge 2% Intraday After 8% Monthly Slide; Analysts Hold Mixed Outlook

Tata Motors shares today recovered in intraday trading on Tuesday, June 24, rising by nearly 2% before paring some gains later in the day. The rise in stock price came after a long correction phase, driven by high trading volumes.

Tata Motors Shares Today

As of 1:50 PM, Tata Motors stock was trading at Rs 675.00, up by 0.56%. The stock opened at Rs 678.00, touched an intraday high of Rs 686.50, and recorded a 1.88% intraday return at its peak. The Nifty auto index surged 1.56% today.

The stock has fallen 7.26% in the past month and is down 9.76% year-to-date. However, today's volume was over 6.7 million shares traded today due to bargain buying and technical rebounds. With a market cap of approximately Rs. 2.51 lakh crore, Tata Motors continues to be a heavyweight in the Indian auto sector.

Tata Motors Share Price Target: What Analysts Say

In a note dated June 17, Motilal Oswal reiterated a 'Neutral' rating on Tata Motors stock with an FY27E sum-of-the-parts (SoTP) based target price of ₹690. The broking remains cautious due to ongoing challenges.

"We have maintained our FY27 estimates and reiterate Neutral," said the report, citing execution risks and industry headwinds.

ICICI Securities maintained an 'ADD' rating with a more bullish target price of Rs 775, highlighting long-term recovery prospects in both domestic and JLR businesses. The broking noted that JLR's EBIT margin guidance for FY26 stands at 5-7%, compared to 8.5% in FY25, due to tariff uncertainties and slowing demand in China.

"We expect near-term performance in JLR to be strained... however, new model launches are expected to aid recovery by FY27," the note stated.

Tata Motors Q4 FY25 Results: Profit Drops 51% Despite JLR Support

Tata Motors reported a consolidated net profit of ₹8,470 crore for the January-March 2025 quarter, reflecting a sharp 51% decline compared to ₹17,407 crore in the same period last year. While revenue rose marginally by 0.4% YoY to ₹1,19,503 crore (vs. ₹1,19,033 crore), the company fell short of analyst expectations on both revenue and profit fronts.

However, the Jaguar Land Rover (JLR) division offered some relief. JLR's sales volumes grew by 1.1%, supported by solid demand for high-margin SUVs in North America and Europe, helping to offset weakness in the domestic business. JLR's revenue rose 2.4% YoY, even as sales in China dipped.

About Tata Motors

Tata Motors Limited is a leading Indian multinational automotive company and a flagship entity of the Tata Group. Headquartered in Mumbai, India, the company operates in over 125 countries and has a strong presence across commercial vehicles, passenger cars, electric vehicles (EVs), and luxury automobiles through its British subsidiary Jaguar Land Rover (JLR).
Founded in 1945, Tata Motors is one of India's largest OEMs (original equipment manufacturers), known for iconic models such as the Tata Safari, Nexon, Harrier, Tiago, and commercial vehicles like the Tata Ace and Prima trucks. The company has been at the forefront of India's EV revolution, with the Tata Nexon EV becoming one of the country's top-selling electric vehicles.

Disclaimer: The information provided in this article is for general informational purposes only and does not constitute financial, investment, or credit advice. The views and recommendations mentioned are based on publicly available data and expert opinions at the time of writing. Neither the author nor GoodReturns endorses any specific product or financial decision. GoodReturns.in and its affiliates are not responsible for any loss or damage resulting from reliance on the information presented.