Shares of both listed Tata Motors entities surged sharply on the NSE on Wednesday morning, riding positive sentiment from recently disclosed quarterly sales data across the group’s commercial vehicle and passenger vehicle businesses.

Tata Motors Limited (formerly TML Commercial Vehicles Limited), listed on the NSE under NIFTY NEXT 50, was trading at ₹435.05 as of 10.41 AM, up ₹39.00 or 9.85 per cent from its previous close of ₹396.05. The stock hit an intraday high of ₹445.95, with traded value already crossing ₹879 crore on volumes of over 2 crore shares. Tata Motors Passenger Vehicles Limited, listed on the NIFTY 50, was trading at ₹334.00, up ₹25.30 or 8.20 per cent from its previous close of ₹308.70, with traded value at ₹287 crore. Both counters are well within their respective price bands with significant buying interest visible in early trade.

The rally comes on the back of a strong commercial vehicles sales print. Tata Motors CV reported Q4 FY26 total sales of 1,32,465 units, a 25 per cent year-on-year jump over 1,05,643 units in Q4 FY25. For the full year FY26, total CV sales rose 14 per cent to 4,28,329 units from 3,76,903 units the previous year. Domestic CV sales in Q4 stood at 1,25,562 units, described by the company as the highest since Q4 FY21. HCV trucks led the charge with 29 per cent YoY growth in the quarter. The March 2026 monthly number came in at 47,976 units, up 17 per cent over the year-ago period.

The SIAM quarterly data for January–March 2026, filed separately with the exchanges on April 6, corroborated the strong domestic momentum for both the CV and passenger vehicle businesses. On the passenger vehicle side, UV segment models including Nexon, Punch, Curvv and Sierra showed domestic sales of 1,49,904 units combined in Q4, compared to 1,14,624 units in the same period last year.

For the passenger vehicles entity, attention also remains on Jaguar Land Rover. JLR’s Q4 FY26 wholesale volumes came in at 95,300 units, down 14.5 per cent year-on-year but up sharply — 61.1 per cent — from the cyber-incident-hit Q3 FY26. Retail sales recovered to 92,700 units, up 16.2 per cent quarter-on-quarter. The premium mix held firm, with Range Rover, Range Rover Sport and Defender accounting for 77.1 per cent of Q4 wholesale volumes, up from 66.3 per cent a year ago. Full year wholesale volumes of 307,900 units were weighed down by the cyber incident, US tariffs, China weakness, and the planned wind-down of legacy Jaguar models.

Tata Motors Passenger Vehicles shares remain well off their 52-week high of ₹744.00 hit in June 2025, while the CV entity has traded in a range of ₹306.30 to ₹509.00 since its November 2025 listing. Full financial results for both entities are expected in May 2026.

Published on April 8, 2026