Tata Motors snaps 6-day loss, up 2% on defence order

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26 Aug, 2025 12:21

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Shares of Tata Motors gained 2 percent intraday Friday by snapping 6-day loss as the Tata Group firm bagged a contract to supply high mobility vehicles to Indian Army. The stock had fallen 10.5 percent in previous six consecutive sessions on fears of slowdown in Jaguar Land Rover's luxury car sales in China.

The country's largest commercial vehicle maker today has bagged an order to supply around 1200 numbers of its high-mobility 6X6 multi-axle trucks, from the Indian Army. The order for 6X6 vehicles is for material handling cranes for the loading-unloading and transportation of ammunition pallets, spares and other operational equipment.

The company said the Tata 6X6 high mobility all-terrain all-wheel drive vehicle has completed a total trial duration of 25 months, demonstrating maximum performance in the most demanding conditions.

"As leading suppliers of mobility solutions to the country’s security forces, we will shortly commence delivery of these high-mobility vehicles," said Vernon Noronha, vice president, defence & government business, Tata Motors.

At 14:24 hours IST, the scrip of Tata Motors was quoting at Rs 401.05, up Rs 2.90, or 0.73 percent on the BSE.

Posted by Sunil Shankar Matkar