Tata Motors PV hisseleri, Q2 satış büyümesine rağmen düşüşte: Nifty Auto baskılanıyor

Kısaca

Tata Motors Passenger Vehicles, Q2 FY27’de toplam PV satışlarını yıllık yüzde 40 artırdı ve 201.723 birim kaydedildi; hisse fiyatı intraday'de 273,65 rupiyle yüzde 3,47 düştü (NSE). Q2 FY27’de iç pazar PV satışları 196.674 birim, uluslararası PV satışları 5.049 birim oldu; toplam PV satışları EV dahil 70.210 birime yükseldi; EV satışları yaklaşık yüzde 90 arttı. Şirketin piyasa değeri NSE’de 1.010.681,1 crore civarında işlem gördü; Nifty Auto endeksi yüzde 4,47 düşüş kaydetti.

Ana mesele

Tata Motors Passenger Vehicles hisseleri, Q2 satış büyümesine rağmen düşüş kaydetti.

Ne değişti?

Q2 FY27’de PV satışları yıllık yüzde 40 artarken hisse fiyatı baskı altında kaldı.

Beni nasıl etkiler?

Yatırımcılar ve otomotiv tedarik zinciri için görünüm negatif yansıyabilir.

Ne oldu?

Q2 FY27’de PV satışları güçlü artış kaydetti; hisse fiyatı baskılanıyor.

Neden şimdi?

Otomotiv sektöründeki zayıf hava ve segmentler arası hareketler etkili oldu.

Neden önemli?

Hisse performansı ve EV odaklı büyüme göstergeleri yatırım kararlarını etkiler.

Kimler etkileniyor?

• Tata Motors hissedarları
• OTOMOTİV tedarik zinciri oyuncuları

Sektör ve piyasa etkisi

Otomotiv ve enerji dönüşümü hisselerinde volatilite artabilir.

Riskler

• Piyasa volatilitesi yüksek
• Döviz ve emtia dalgalanmaları etkileyebilir

Takip edilmesi gerekenler

• EV satışlarındaki eğilimler
• Q3 ve KAP açıklamaları
• Nifty Auto performansındaki değişim

Haberin tamamı

Shares of Tata Motors Passenger Vehicles came under pressure on Thursday, October 1, falling 3.47% to an intraday low of Rs 273.65, despite the company reporting a 40% year-on-year increase in total passenger vehicle sales for the second quarter of FY27.The company recorded total passenger vehicle sales of 201,723 units in Q2 FY27 across domestic and international markets, compared with 144,397 units in Q2 FY26.The stock’s decline came amid weakness across the broader auto sector, with the Nifty Auto index down 4.47% at 25,117 levels.

The index touched an intraday low of 25,098.95.At the last count, Tata Motors Passenger Vehicles shares were trading at around Rs 274 apiece on the NSE, down 3.35% from the previous close of Rs 283.50. The company’s market capitalisation stood at Rs 1,01,068.11 crore on the NSE.The stock has remained under pressure in recent periods.

It has declined over the past month and is down 25% so far this year, according to NSE data.Tata Motors Passenger Vehicles September salesIn September 2026, domestic passenger vehicle sales stood at 68,810 units, up 15% from 59,667 units in September 2025.

Sales in the company’s international PV business increased 13% to 1,400 units from 1,240 units.Overall passenger vehicle sales, including electric vehicles (EVs), stood at 70,210 units in September 2026, compared with 60,907 units in September 2025, representing 15% year-on-year growth.For Q2 FY27, domestic passenger vehicle sales rose 40% to 196,674 units from 140,189 units in Q2 FY26, while international PV sales increased 20% to 5,049 units from 4,208 units.EV sales remained a key growth driver.

Combined domestic and international EV sales rose 67% year-on-year to 15,384 units in September 2026 from 9,191 units. For Q2 FY27, EV sales surged 90% to 47,150 units from 24,855 units in Q2 FY26.The EV figures include sales of Tata Passenger Electric Mobility Ltd, a subsidiary of Tata Motors Passenger Vehicles Ltd.ALSO READ: IPO investors strike gold with 7 multibagger stocks in 3 months.

Did you miss the bus?Management commentaryShailesh Chandra, MD and CEO, Tata Motors Passenger Vehicles, said passenger vehicle demand sustained the momentum seen following GST 2.0, despite the quarter being seasonally softer.“Industry Vahan volumes grew around 24% year-on-year, led by increasing adoption of greener powertrains, providing a promising backdrop for the forthcoming festive season,” Chandra said.For Tata Motors Passenger Vehicles, Q2 FY27 was its highest-ever quarter, with sales of 201,723 units and industry-beating growth of 40% year-on-year.The company’s greener powertrain portfolio continued to be a significant growth driver.

EVs recorded their highest-ever quarterly sales of more than 47,000 units, growing 90% year-on-year, while EV penetration in the company’s portfolio rose to 23%, compared with around 8% for the industry.CNG also delivered its highest-ever quarterly sales and accounted for 28% of volumes.

Together, EV and CNG contributed 51% of the company’s sales during the quarter, Chandra said.Customer response remained strong across the portfolio, with Punch emerging as India’s highest-selling SUV during the quarter, according to the company.Building on the momentum of its Q1 launches, Tata Motors Passenger Vehicles further strengthened its portfolio with the Curvv SeriesX, Sierra Legend Series and the all-new Tata Aeris.

The automaker also unveiled its customer-facing identity, TATA.CARS, reflecting the evolution of its brand.Looking ahead, Chandra said the company remains optimistic about the festive season, supported by a strong order book and healthy customer traction across its portfolio.“As we progressively scale up production, our focus will be on fully leveraging this demand, sustaining our growth momentum and further strengthening our competitive position in the market,” he said.Disclosure: This article has been written by Kumar Gaurav, who is not a Sebi-registered Research Analyst or an Investment Adviser.

Gaurav and their ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective Sebi-registered Research Analyst/brokerage and have been reproduced/reported with due attribution.

They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here

Kaynaklar

• Economic Times - Markets