Latest news with #TataTech
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Business Standard
2 days ago
- Business
- Business Standard
Tata Technologies shares rise 4% on posting Q1 results; buy or sell?
Tata Technologies shares rose 3.5 per cent on Tuesday, registering an intraday high at ₹742 per share after the company posted its Q1FY26 numbers. At 10:06 AM, Tata Tech share price was trading higher by 2.13 per cent at ₹732 per share on the BSE. In comparison, the BSE Sensex was up 0.16 per cent at 82,388.28. The company's market capitalisation stood at ₹29,694.94 crore. The 52-week high of the stock was at ₹1,135 per share and the 52-week low of the stock was at ₹595.05 per share. Tata Technologies Q1FY26 results In the quarter ended June 30, 2025, Tata Technologies' consolidated net profit stood at ₹170.3 crore as compared to ₹162 crore a year ago, up 5 per cent. However, on a quarter-on-quarter basis, the net profit fell 9.8 per cent. Tata Technologies Q1 results analysis: PL Capital | Sell | Target: ₹570 The Services revenue de-growth of 7.6 per cent constant currency CC Q-o-Q) was below PL Capital's estimates of 5.1 per cent CC Q-o-Q. Although the aerospace momentum continued through Q1, the weakness in the Heavy-Machinery segment led to a decline of 4.7 per cent Q-o-Q in the non-auto business. The brokerage has kept its margin estimates broadly unchanged while baking in a revenue decline of 3 per cent and 1.2 per cent for the Service/Consol business in FY26E followed by 11.5 per cent growth in FY27E for both Service/Consol. Track Stock Market LIVE Updates Tata Technologies Q1 results analysis: JM Financial | Buy | Target cut to ₹780 from ₹790 The company reported better-than-feared revenue performance that declined 4.6 per cent CC Q-o-Q, as against JM Financial's estimate of -7.3 per cent. A weak quarter and a still uncertain macro notwithstanding, management was surprisingly upbeat on the near-term outlook., according to JM Financial. "Better than expected growth in BMW JV further aids earnings resilience. As a result, our FY26-28E earnings per share (EPS) is down marginally by 1-3 per cent, driven largely by a 25-75 basis points (bps) cut in margin assumptions. Multiples will however track top-line growth, which is looking up," said the brokerage. Tata Technologies Q1 results analysis: InCred Equities | Reduce | Target: ₹671 Tata Technologies' 1QFY26 services revenue weakness was led by both automotive and non-automotive businesses while the better overall revenue optically was led by technology solutions, said InCred Equities. Better 2Q and strong 2HFY26F optimism is driven by the improving in-quarter sentiment which drove an uptick in deal activity, order pipeline build-up (stronger Y-o-Y) and conversion, and new product development commitments by anchor customers JLR and Tata Motors. That said, the ask rate is steep and challenging amid the current macroeconomic uncertainty, according to the brokerage. About Tata Technologies Tata Tech is a global product engineering and digital services company. It provides a full spectrum coverage of solutions across the product value chain covering outsourced product engineering services, digital transformation services, upskilling solutions, and value-added reselling of software products required to develop and realize better products.
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Business Standard
3 days ago
- Business
- Business Standard
Tata Tech Q1 FY26 result: Profit rises 5.1%, revenue down marginally
Tata Technologies on Monday reported a 5.1 per cent year-on-year (Y-O-Y) rise in net profit to ₹170.28 crore for the quarter ended June 2025 (Q1 FY26), compared with ₹162.03 crore in the same period last year. However, the net profit declined 9.9 per cent sequentially from ₹188.87 crore reported in the March quarter (Q4 FY25), according to a BSE filing by the company. Revenue from operations fell 1.9 per cent Y-O-Y to ₹1,244.29 crore in Q1 FY26, down from ₹1,268.97 crore in Q1 FY25. On a sequential basis, revenue declined 3.2 per cent from ₹1,285.65 crore in the previous quarter. 'While the quarter began on a cautious note, client confidence strengthened steadily as the period progressed, reaffirming long-term commitments to product innovation and digital transformation," said Warren Harris, Chief Executive Officer and Managing Director of Tata Technologies. He further added that the firm remains optimistic about a sequential recovery in Q2 and a stronger second half of FY26. 'We achieved strong cash flow performance this quarter through consistent execution and disciplined working capital management, despite operating in a challenging environment. We continued to invest in priority areas, maintained financial strength, and drove efficiency across the value chain. As we progress through the year, our focus remains on executing with agility, strengthening strategic relationships, and delivering sustainable value to our stakeholders,' said Chief Financial Officer Savitha Balachandran. Shares of Tata Technologies closed at ₹716.75 apiece on the BSE on Monday. Tata Tech Q1 result highlights Net profit for the period: ₹170.28 crore Earnings per share (EPS): ₹4.19 (basic and diluted)
Mint
3 days ago
- Business
- Mint
Stocks to watch: VIP Industries, HCL Tech, D-Mart, RIL among shares in focus today amid Trump's tariff news
Shares of HCL Tech, Tata Tech and Ola Electric will remain in focus as the companies will be declaring Q1 results today, July 14. Multiples Private Equity Fund IV, Multiples Private Equity Gift Fund IV, Samvibhag Securities Pvt. Ltd., along with Mithun Sancheti and Siddhartha Sancheti, have jointly agreed to acquire a 32% stake in VIP Industries that is currently owned by a group of promoters. DMart posted a standalone net profit of ₹ 830 crore for the first quarter, marking a modest 2% increase from ₹ 812 crore reported in the same quarter last year. The state-owned heavy equipment manufacturer announced that its board will meet on Monday, July 21, 2025, to discuss a potential stock split, involving the sub-division of its equity shares. The pharmaceutical giant has announced a strategic shift in its U.S. operations, deciding to withdraw from the generics drug business in the region. Mukesh Ambani-led Reliance Industries (RIL) is set to announce its earnings for the June quarter on Friday, July 18. The company, along with its listed InvIT joint venture IRB Infrastructure Trust, reported a combined toll revenue of ₹ 1,680 crore for the first quarter of FY26, reflecting an 8% increase from ₹ 1,556 crore in the same period last year. In June 2025 alone, toll collections grew by 5% year-on-year to ₹ 544.8 crore. The company announced that it has issued 1.08 crore equity shares to Ardour Investment Holding Ltd, a member of the promoter group, by converting share warrants, resulting in a fundraise of ₹ 1,208.59 crore. The company has secured a Letter of Acceptance from the Mumbai Metropolitan Region Development Authority (MMRDA) for a contract valued at ₹ 2,269 crore related to Mumbai Metro Line 6 – Package 1-CA-232. HUL stated that Ritesh Tiwari remains the Executive Director for Finance and IT, as well as the Chief Financial Officer of the company. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Economic Times
3 days ago
- Business
- Economic Times
Stocks in news: HCL Tech, Tata Tech, DMart, Siemens, Ola Electric
Markets traded under pressure on Friday and lost over half a percent, dragged down by weak cues. In today's trade, shares of HCL Tech, Tata Tech, DMart, Siemens, Ola Electric among others will be in focus due to various news developments and first quarter Tech, Tata Tech, Ola ADVERTISEMENT Shares of HCL Tech, Tata Tech and Ola will be in focus as the companies will announce their first quarter results. DMart DMart reported a standalone net profit of Rs 830 crore in the first quarter. This was up just 2% from Rs 812 crore posted in the previous year quarter. RIL Mukesh Ambani-owned Reliance Industries (RIL) will announce its June quarter earning on Friday, July 18. Titagarh Rail Titagarh Rail Systems has acquired around 40 acres of land on lease for Rs 126 crore from the West Bengal government, a move that will help the company ramp up production of Vande Bharat coaches and metro cars at its Uttarpara facility in Hooghly district. DLF DLF Chairman Rajiv Singh received remuneration of Rs 36.65 crore after a hike of 34% in the last fiscal year, following better performance of the company, according to its latest annual report. ADVERTISEMENT Azko Nobel JSW Paints launches Rs 3,929 crore open offer to acquire up to 25.2% stake in Akzo Nobel at Rs 3,417.77 per share HUL HUL said Ritesh Tiwari continues to be the Executive Director, Finance, IT & Chief Financial Officer of the company ADVERTISEMENT IIFL Home Finance Housing finance player IIFL Home Finance announced on Saturday that it has secured $100 million from the Beijing-based Asian Infrastructure Investment Bank (AIIB). Siemens Siemens secured two separate orders worth Rs 773 crore from Maha Metro. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
3 days ago
- Business
- Time of India
Stocks in news: HCL Tech, Tata Tech, DMart, Siemens, Ola Electric
Markets traded under pressure on Friday and lost over half a percent, dragged down by weak cues. In today's trade, shares of HCL Tech , Tata Tech, DMart, Siemens , Ola Electric among others will be in focus due to various news developments and first quarter Tech, Tata Tech, Ola Shares of HCL Tech, Tata Tech and Ola will be in focus as the companies will announce their first quarter results. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Pensioners Can Buy These Electric Cars in Kuala Terengganu - See Prices Here! Electric Cars | Search Ads Search Now Undo DMart DMart reported a standalone net profit of Rs 830 crore in the first quarter. This was up just 2% from Rs 812 crore posted in the previous year quarter. RIL Mukesh Ambani-owned Reliance Industries (RIL) will announce its June quarter earning on Friday, July 18. Titagarh Rail Titagarh Rail Systems has acquired around 40 acres of land on lease for Rs 126 crore from the West Bengal government, a move that will help the company ramp up production of Vande Bharat coaches and metro cars at its Uttarpara facility in Hooghly district. Live Events DLF DLF Chairman Rajiv Singh received remuneration of Rs 36.65 crore after a hike of 34% in the last fiscal year, following better performance of the company, according to its latest annual report. Azko Nobel JSW Paints launches Rs 3,929 crore open offer to acquire up to 25.2% stake in Akzo Nobel at Rs 3,417.77 per share HUL HUL said Ritesh Tiwari continues to be the Executive Director, Finance, IT & Chief Financial Officer of the company IIFL Home Finance Housing finance player IIFL Home Finance announced on Saturday that it has secured $100 million from the Beijing-based Asian Infrastructure Investment Bank (AIIB). Siemens Siemens secured two separate orders worth Rs 773 crore from Maha Metro.
