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Tata Technologies Stock Faces 25 Percent Drop Warning From Analysts
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CNBC TV18•15-10-2026, 09:33
Tata Technologies Stock Faces 25 Percent Drop Warning From Analysts
- •Shares of Tata Technologies Ltd. briefly surged 7% before giving up all gains following their second-quarter financial results.
- •Goldman Sachs maintained a sell rating with a target price of ₹560, warning of a potential 25% downside from previous closes.
- •JPMorgan upgraded the stock from underweight to neutral and raised its price target to ₹660 per share.
- •The company secured a major $138 million deal from a European luxury OEM, expected to ramp up in the second half of fiscal year 2027.
- •Out of 18 analysts covering the company, nine have issued sell ratings, five recommend holding, and four suggest buying.
Key Questions Answered
Goldman Sachs has maintained a "sell" rating on Tata Technologies with a target price of ₹560 per share, indicating a potential 25% downside from its previous close.
JPMorgan upgraded Tata Technologies from "underweight" to "neutral" and raised its price target from ₹540 to ₹660 per share.
Tata Technologies secured a large deal worth $138 million in total commercial value from a leading luxury European OEM, which is expected to begin ramping up in the second half of fiscal year 2027.
