Tata Motors shares jump 6% after strong Q1; Nomura upgrades stock, CLSA retains Outperform rating

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Tata Motors shares jumped after Q1 FY27 net profit surged 83% YoY to Rs 2,560 crore, aided by mark-to-market gains on Tata Capital investments. Revenue rose 19% YoY to Rs 20,667 crore.