Tata Motors PV shares rally 8% even as Q4 net profit drops 32% YoY. Here's what Macquarie, Jefferies & other brokerages say

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Tata Motors Passenger Vehicles shares jumped significantly after reporting a profit drop for the fourth quarter of FY26. Revenue from operations saw an increase. The company also recommended a final dividend. Brokerage firms offered varied opinions, with some remaining bullish and others cautious about the automaker's future prospects. Concerns persist regarding Jaguar Land Rover's performance.