Tata Motors PV mulls bigger price hikes in Q4 as commodity costs bite: MD & CEO Shailesh Chandra
Tata Motors Passenger Vehicles moved higher in a quarterly results development.
· Business Today Mkts
Tata Motors Passenger Vehicles MD and CEO Shailesh Chandra does not see any immediate trigger for a return of heavy discounts, except on select models where dealerships have available stock to clear.
The analysis
Against that, the stock is -3.3% on the day at ₹287.40, and has returned -17.8% over three months. It sits 28% below its 52-week high, which means a good deal of bad news was already in the price. The auto sector has moved -4.8% over the same period, so Tata Motors Passenger Vehicles is running 13.0 points behind its peers.
For Tata Motors Passenger Vehicles, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Tata Motors Passenger Vehicles (TMPV), in Auto.
- Over three months: Tata Motors Passenger Vehicles -17.8% against Auto -4.8% (13.0 points behind).
- At least 25% below the 52-week high: Tata Motors Passenger Vehicles (28%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Tata Motors Passenger VehiclesTMPV · Auto | ₹287.40 | -3.3% | +0.5% | -17.8% | -28.3% | 1.2× | — |
Auto
1M +6.0% · 3M -4.8%
Tata Motors Passenger Vehicles
Prices as of 13 Nov 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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