PVs Up 23%, CVs Up 27%: Triple-Digit Export Metric Drives Tata Motors’ October Boom
Tata Motors moved higher.
· NDTV Profit
Together, the two businesses reported a combined sales of 1,23,078 units during the month of October, which is an increase as compared to the 98,825 units sold a year earlier.
The analysis
Tata Motors reported movement of 23% and 27%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -1.0% on the day at ₹396.35, and has returned -4.5% over three months. It sits 22% below its 52-week high. The auto sector has moved -7.7% over the same period, so Tata Motors is running 3.2 points ahead of its peers.
For Tata Motors, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.
Market context
- In focus: Tata Motors (TMCV), in Auto.
- Over three months: Tata Motors -4.5% against Auto -7.7% (3.2 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Tata MotorsTMCV · Auto | ₹396.35 | -1.0% | -6.0% | -4.5% | -21.6% | 1.5× | — |
Auto
1M -5.8% · 3M -7.7%
Tata Motors
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
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