# Tata Motors CV shares jump 6% after 83% profit surge in Q1 2026-08-13T06:41:10+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 3 independent outlets Tata Motors' commercial vehicle shares surged 6% on August 13 after the company reported an 83% year-on-year jump in consolidated net profit to Rs 2,560 crore for the June quarter of FY27. Revenue rose 19% to Rs 20,667 crore, driven by strong demand from infrastructure and logistics. The stock touched a high of Rs 485 on the BSE. Nomura upgraded the stock to 'buy' with a target of Rs 554, citing better-than-expected EBITDA and strong demand across segments. CLSA retained its 'outperform' rating with a Rs 596 target. However, managing director Girish Wagh flagged commodity cost pressure and EV supply chain bottlenecks, which he expects to ease by end-Q2. The company took a 2.5% price hike in July to mitigate costs. ## Coverage - freepressjournal.in - thehindubusinessline.com - auto.economictimes.indiatimes.com - auto.economictimes.indiatimes.com Tags: brokerages, commercial vehicles, EV penetration, Q1 results, stock surge, Tata Motors Canonical: https://indianopinion.org/tata-motors-cv-jumps-6-after-83-profit-jump-brokerages-bullish/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/tata-motors-cv-jumps-6-after-83-profit-jump-brokerages-bullish/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.