Tata Motors rallies 5%: Why is market ignoring Q4 profit dip, cheering JLR margin swing
Tata Motors PV shares surged over 8% after reporting its Q4 numbers, which were slightly above estimates. The company’s JLR volume trajectory will be a key factor to watch in FY27. While Nuvama and JM Financial expect double-digit growth, Motilal Oswal flags margin risk. Nuvama raised the price target to Rs 470, JM Financial upgraded the stock to ‘Buy’ with a target of Rs 415.