Tata Motors share price jumps 6% after 83% Q1 profit jump, Chandrasekaran’s exit; brokerage sees up to 15% upside

$TMCV rs Share Price: The share price of Tata Motors jumped 6 per cent on Thursday (August 13) following the company's reported 83 per cent jump in consolidated net profit for the first quarter ended June 30. Tata Motors split its business into two independent entities, separating the Passenger Vehicles (including EVs and JLR) business from the Commercial Vehicles business to enhance focus and unlock shareholder value. The share price of the Nifty Next 50 stock opened 3.5 per cent higher at Rs 472.70. The stock price earlier in the session went as high as Rs 485, reflecting an upside of 6 per cent in Thursday's trading session so far. (TMCV Share Price)