Tata Motors PV Slumps After Weak Q1

Tata Motors Passenger Vehicles shares fell 4.5% on August 14, becoming the top Nifty 50 loser after Q1 FY27 results showed a sharp decline in profit and margin pressure. Most brokerages turned cautious on earnings outlook, while CLSA remained bullish, projecting more than 29% upside from current levels. $TMPV