Som Distillerie

< -5%

-5% to -3%

Sula Vineyards

Piccadilly Sug

Silver Oak

GM Breweries

Ravi Kumar Dist

Piccadily Agro

Winsome Brew

-3% to 0%

Assoc Alcohol

Radico Khaitan

Jagatjit Ind

Fratelli Vineya

Globus Spirits

Monika Alcobev

Tilaknagar Ind

United Brewerie

Allied Blenders

United Spirits

Northern Spirit

0% to 3%

Kati Patang

Alcokraft Disti

BCL Industries

3% to 5%

Shares of <a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-housing/ashianahousing/AH07">Ashiana Housing</a> settled 14 percent higher on Wednesday after the real estate developer reported a more than five-fold jump in consolidated net profit for the December quarter.

The company posted a consolidated net profit of Rs 56.65 crore for the third quarter, compared with the year-ago period. Consolidated net sales rose nearly three-fold year-on-year to Rs 362 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/power-generationdistribution/sjvn/S11">SJVN</a> shares settled 7 percent higher, marking their biggest intraday percentage gain in over a month. The power generation company reported a 50.6 percent rise in consolidated net profit for the December quarter, aided by higher demand for power. Revenue increased 61 percent from a year earlier.

Meanwhile, shares of Surya Roshni closed 5 percent lower after the steel pipes maker reported an 11.4 percent decline in consolidated net profit for the third quarter. A 4 percent increase in expenses more than offset a 3.2 percent rise in revenue from operations during the quarter.

(Inputs from Reuters)

<em><strong>Disclaimer:</strong> The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.</em>

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Q3 results impact: Ashiana Housing, SJVN shares rise 7% on strong earnings, Surya Roshni declines 5%

Shares of Ashiana Housing settled 14 percent higher on Wednesday after the real estate developer reported a more than five-fold jump in consolidated net profit for the December quarter.

The company posted a consolidated net profit of Rs 56.65 crore for the third quarter, compared with the year-ago period. Consolidated net sales rose nearly three-fold year-on-year to Rs 362 crore.

SJVN shares settled 7 percent higher, marking their biggest intraday percentage gain in over a month. The power generation company reported a 50.6 percent rise in consolidated net profit for the December quarter, aided by higher demand for power. Revenue increased 61 percent from a year earlier.

Meanwhile, shares of Surya Roshni closed 5 percent lower after the steel pipes maker reported an 11.4 percent decline in consolidated net profit for the third quarter. A 4 percent increase in expenses more than offset a 3.2 percent rise in revenue from operations during the quarter.

(Inputs from Reuters)

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Eicher Motors shares rose 7% on strong quarterly profit growth., Sensex and Nifty ended flat as gains in banks and autos offset IT stock losses., Bharat Heavy Electricals fell after government announced a 5 percent stake sale.

* Eicher Motors shares rose 7% on strong quarterly profit growth.
* Sensex and Nifty ended flat as gains in banks and autos offset IT stock losses.
* Bharat Heavy Electricals fell after government announced a 5 percent stake sale.

Eicher Motors shares surged nearly 7% after a 21% profit rise, topping Nifty50 gainers. Sensex and Nifty ended flat as PSU banks and auto gains offset IT losses. Bharat Heavy Electricals fell after a government stake sale announcement.

shorts/business/top-gainers-and-losers-today-eicher-motors-tops-nifty50-with-6-gains-tcs-down-up-to-3-check-full-list

* Eicher Motors shares rose 7% on strong quarterly profit growth.
* Sensex and Nifty ended flat as gains in banks and autos offset IT stock losses.
* Bharat Heavy Electricals fell after government announced a 5 percent stake sale.

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-lcvshcvs/eichermotors/EM">Eicher Motors</a> shares on Wednesday emerged as the top gainer in the Nifty50 pack, rising nearly 7 percent after the company reported a 21.37 percent increase in consolidated profit after tax to Rs 1,420.61 crore for the quarter ended December.

The stock jumped 6.98 percent to Rs 7,805 per share on the NSE, hitting its 52-week high. On the BSE, it advanced 6.94 percent to Rs 7,803 per share, also touching its yearly peak.

Following the rally, the company’s market capitalisation rose by Rs 13,900.11 crore to Rs 2,14,035.69 crore.

Apollo Hospitals Enterprise was the second biggest gainer in the Nifty50 index, rising up to 4 percent.

Domestic information technology (IT) shares gave up their two-day gains, tracking weak US economic data and ahead of key jobs numbers later in the day.

Tata Consultancy Services and Infosys were among the major laggards in the Nifty50 pack, declining up to 3 percent.

Among the Sensex firms, Tata Consultancy Services, Infosys, HCL Technologies, Eternal, ITC, Tech Mahindra, Axis Bank, HDFC Bank, UltraTech Cement, Titan, Adani Ports, Bajaj Finserv and Tata Steel were among the laggards.

On the other hand, State Bank of India, Maruti Suzuki India, IndiGo, Trent, Reliance Industries, NTPC, Bajaj Finance, ICICI Bank, Sun Pharmaceuticals, Hindustan Unilever, and Bharat Electronics Ltd were among the gainers.

In the Nifty smallcap100 index, PCBL Chemical and Laurus Labs gained up to 8 percent, while Nuvama Wealth Management and IFCI declined up to 5 percent.

In the Nifty midcap100 index, Supreme Industries and Astral rose up to 4 percent. Bharat Heavy Electricals and Premier Energies fell up to 6 percent.

Shares of <a href="https://www.moneycontrol.com/india/stockpricequote/infrastructure-general/bharatheavyelectricals/BHE">Bharat Heavy Electricals</a> dropped after the government announced up to a 5 percent stake sale through an offer for sale. The floor price for the OFS has been fixed at Rs 254 per share, nearly 8 percent lower than the stock’s closing price of Rs 276.10 on February 10.

The benchmark stock indices Sensex and Nifty settled on a flat note in a choppy session on Wednesday as gains in PSU banks and auto shares were offset by losses in IT stocks.

In a range-bound trade, the Sensex slipped 40.28 points, or 0.05 percent, to close at 84,233.64. During the day, it hit a high of 84,487.34 and a low of 84,081.25. The Nifty inched up 18.70 points, or 0.07 percent, to settle at 25,953.85.

<em><strong>Disclaimer:</strong> The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.</em>

Top gainers and losers today: Eicher Motors tops Nifty50 with 6% gains, TCS down up to 3% - Check full list

Eicher Motors shares on Wednesday emerged as the top gainer in the Nifty50 pack, rising nearly 7 percent after the company reported a 21.37 percent increase in consolidated profit after tax to Rs 1,420.61 crore for the quarter ended December.

The stock jumped 6.98 percent to Rs 7,805 per share on the NSE, hitting its 52-week high. On the BSE, it advanced 6.94 percent to Rs 7,803 per share, also touching its yearly peak.

Following the rally, the company’s market capitalisation rose by Rs 13,900.11 crore to Rs 2,14,035.69 crore.

Apollo Hospitals Enterprise was the second biggest gainer in the Nifty50 index, rising up to 4 percent.

Domestic information technology (IT) shares gave up their two-day gains, tracking weak US economic data and ahead of key jobs numbers later in the day.

Tata Consultancy Services and Infosys were among the major laggards in the Nifty50 pack, declining up to 3 percent.

Among the Sensex firms, Tata Consultancy Services, Infosys, HCL Technologies, Eternal, ITC, Tech Mahindra, Axis Bank, HDFC Bank, UltraTech Cement, Titan, Adani Ports, Bajaj Finserv and Tata Steel were among the laggards.

On the other hand, State Bank of India, Maruti Suzuki India, IndiGo, Trent, Reliance Industries, NTPC, Bajaj Finance, ICICI Bank, Sun Pharmaceuticals, Hindustan Unilever, and Bharat Electronics Ltd were among the gainers.

In the Nifty smallcap100 index, PCBL Chemical and Laurus Labs gained up to 8 percent, while Nuvama Wealth Management and IFCI declined up to 5 percent.

In the Nifty midcap100 index, Supreme Industries and Astral rose up to 4 percent. Bharat Heavy Electricals and Premier Energies fell up to 6 percent.

Shares of Bharat Heavy Electricals dropped after the government announced up to a 5 percent stake sale through an offer for sale. The floor price for the OFS has been fixed at Rs 254 per share, nearly 8 percent lower than the stock’s closing price of Rs 276.10 on February 10.

The benchmark stock indices Sensex and Nifty settled on a flat note in a choppy session on Wednesday as gains in PSU banks and auto shares were offset by losses in IT stocks.

In a range-bound trade, the Sensex slipped 40.28 points, or 0.05 percent, to close at 84,233.64. During the day, it hit a high of 84,487.34 and a low of 84,081.25. The Nifty inched up 18.70 points, or 0.07 percent, to settle at 25,953.85.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Nifty IT index fell 1.3 percent, erasing gains from earlier this week., Persistent Systems, TCS, and Coforge declined up to 2 percent., CLSA sees buying opportunity despite sector's 12.5 percent drop in 2025.

* Nifty IT index fell 1.3 percent, erasing gains from earlier this week.
* Persistent Systems, TCS, and Coforge declined up to 2 percent.
* CLSA sees buying opportunity despite sector's 12.5 percent drop in 2025.

Indian IT stocks fell, erasing recent gains, as weak US retail sales and caution ahead of US jobs data weighed on sentiment. Despite a 12.5% sector drop in 2025 and ongoing concerns, CLSA sees buying opportunities and prefers mid-tier firms Persistent and Coforge.

shorts/business/it-shares-fall-after-two-days-on-us-economic-data-as-persistent-tcs-lead-losses-but-clsa-sees-opportunity

* Nifty IT index fell 1.3 percent, erasing gains from earlier this week.
* Persistent Systems, TCS, and Coforge declined up to 2 percent.
* CLSA sees buying opportunity despite sector's 12.5 percent drop in 2025.

The domestic information technology (IT) shares on Wednesday gave up their two-day gains, tracking weak US economic data and ahead of key jobs numbers later in the day.

The Nifty IT index declined up to 1.3 percent, erasing gains of 0.32 percent recorded between Monday and Tuesday. All 10 constituents of the index were trading in the red.

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/persistentsystems/PS15">Persistent Systems</a> was the top loser, falling over 2 percent. <a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/tataconsultancyservices/TCS">Tata Consultancy Services</a> and Coforge also declined up to 2 percent. HCL Technologies and Infosys were among other laggards.

The decline in IT shares followed softer-than-expected US retail sales data, which raised concerns about demand in the sector’s largest revenue-generating market. Investors also remained cautious ahead of the monthly US jobs data.

Despite the recent decline, brokerage CLSA said the correction offers an additional buying opportunity in Indian IT stocks.

The sector has fallen 12.5 percent in 2025, emerging as the biggest drag on benchmark indices, which have underperformed Asian and emerging market peers. The decline was driven by record foreign outflows of about Rs 70,550 crore, muted corporate earnings and continued weakness in US client spending.

The pressure has extended into 2026, with the IT index down 7 percent so far amid concerns that advances in artificial intelligence, including new tools from US-based Anthropic, could compress software development cycles.

CLSA, however, downplayed the risk of near-term disruption, saying enterprise technology ecosystems typically take years to adapt to new innovation cycles.

The brokerage said that while the sector has faced multiple disruptive narratives in the past, earnings have rarely seen lasting damage.

CLSA has maintained a preference for mid-tier players Persistent Systems and Coforge, citing their agility to capture emerging profit pools in the next technology cycle.

(With inputs from Reuters)

<em><strong>Disclaimer:</strong> The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.</em>

A financial journalist with over 10 years of experience, specialising in tracking stock market movements and fundamental developments that impact investors and the broader economy. A keen observer of global financial markets, I regularly engage with leading market voices to write stories. At Moneycontrol, I focus on decoding market trends, policy shifts and economic changes, driven by a constant passion to learn, analyse, and share knowledge with my readers.

IT shares fall after two days on US economic data as Persistent, TCS lead losses, but CLSA sees opportunity

The domestic information technology (IT) shares on Wednesday gave up their two-day gains, tracking weak US economic data and ahead of key jobs numbers later in the day.

The Nifty IT index declined up to 1.3 percent, erasing gains of 0.32 percent recorded between Monday and Tuesday. All 10 constituents of the index were trading in the red.

Persistent Systems was the top loser, falling over 2 percent. Tata Consultancy Services and Coforge also declined up to 2 percent. HCL Technologies and Infosys were among other laggards.

The decline in IT shares followed softer-than-expected US retail sales data, which raised concerns about demand in the sector’s largest revenue-generating market. Investors also remained cautious ahead of the monthly US jobs data.

Despite the recent decline, brokerage CLSA said the correction offers an additional buying opportunity in Indian IT stocks.

The sector has fallen 12.5 percent in 2025, emerging as the biggest drag on benchmark indices, which have underperformed Asian and emerging market peers. The decline was driven by record foreign outflows of about Rs 70,550 crore, muted corporate earnings and continued weakness in US client spending.

The pressure has extended into 2026, with the IT index down 7 percent so far amid concerns that advances in artificial intelligence, including new tools from US-based Anthropic, could compress software development cycles.

CLSA, however, downplayed the risk of near-term disruption, saying enterprise technology ecosystems typically take years to adapt to new innovation cycles.

The brokerage said that while the sector has faced multiple disruptive narratives in the past, earnings have rarely seen lasting damage.

CLSA has maintained a preference for mid-tier players Persistent Systems and Coforge, citing their agility to capture emerging profit pools in the next technology cycle.

(With inputs from Reuters)

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Vodafone Idea shares rose over 3 percent after Birla's stake acquisition, Birla bought 5.96 crore shares worth Rs 68.42 crore in early February, Emkay Global upgraded Vodafone Idea, citing government relief on AGR dues

* Vodafone Idea shares rose over 3 percent after Birla's stake acquisition
* Birla bought 5.96 crore shares worth Rs 68.42 crore in early February
* Emkay Global upgraded Vodafone Idea, citing government relief on AGR dues

Vodafone Idea shares rose over 3% after Kumar Mangalam Birla bought nearly 6 crore shares, boosting investor sentiment. Emkay Global upgraded the stock, citing government relief on AGR dues and potential for turnaround, but warned of risks in subscriber growth.

shorts/business/vodafone-idea-shares-rise-2-as-promoter-km-birla-s-additional-stake-purchase-boosts-sentiment

* Vodafone Idea shares rose over 3 percent after Birla's stake acquisition
* Birla bought 5.96 crore shares worth Rs 68.42 crore in early February
* Emkay Global upgraded Vodafone Idea, citing government relief on AGR dues

The shares of <a href="https://www.moneycontrol.com/india/stockpricequote/telecommunication-service-provider/vodafoneidea/IC8">Vodafone Idea</a> gained more than 3 percent on February 11 as promoter Kumar Mangalam Birla’s recent stake acquisition from the open market boosted investor sentiment.

The shares of the company rose to a one-month high of Rs 11.86 apiece on Wednesday. The shares of the telecom major have rallied around 79 percent in six months.
<h3><strong>Kumar Managalam Birla buys additional stake in Vodafone Idea:</strong></h3>
Kumar Mangalam Birla bought 2.21 crore shares on January 30, 1.88 crore shares on February 1 and 45 lakh shares on February 2, according to market data cited by CNBC-TV18. The industrialist bought another 1.42 crore shares on February 3, according to market data.

At the previous closing price of Rs 11.48 apiece, the total 5.96 crore shares bought by the industrialist over the two days would be worth around Rs 68.42 crore.

According to the company’s shareholding pattern as on December 31, 2025, Kumar Mangalam Birla owned 0.02 percent stake in the company. Promoter and promoter groups collectively owned 25.57 percent stake in the telco, while the rest of the 74.43 percent stake was held by the general public.
<h3><strong>Emkay Global on Vodafone Idea:</strong></h3>
Emkay Global upgraded the shares of Vodafone Idea to ‘Add’ from ‘Sell’, and doubled its target price to Rs 12 apiece from Rs 6 apiece earlier. The latest target price implies an upside potential of nearly 4.5 percent from the stock’s previous closing price.

The domestic brokerage noted that the government has approved a major moratorium for VI’s AGR liabilities, with minimal annual payments until FY35.

“We believe this will provide significant cash flow relief and a turnaround opportunity. The relief reduces the net present value (NPV) of the burden by 60–80%, easing immediate survival pressure, along with the possibility of further reduction on reassessment of AGR dues. This will enable VI to access bank funding for 4G/5G expansion, helping the company arrest subscriber churn and market-share loss,” it said.

However, Emkay noted that the key risks to its bullish call include inability to increase subscriber market share, significantly increase ARPU with tariff repair and upgrade the subscriber base from 2G to 4G/5G.

Follow all <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-gift-nifty-indicates-a-firm-start-us-markets-mixed-asia-gains-liveblog-13822593.html">LIVE updates</a> from the stock markets here.

<em>Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.</em>

Vodafone Idea shares rise 3% as promoter KM Birla's additional stake purchase boosts sentiment

The shares of Vodafone Idea gained more than 3 percent on February 11 as promoter Kumar Mangalam Birla’s recent stake acquisition from the open market boosted investor sentiment.

The shares of the company rose to a one-month high of Rs 11.86 apiece on Wednesday. The shares of the telecom major have rallied around 79 percent in six months.
Kumar Managalam Birla buys additional stake in Vodafone Idea:
Kumar Mangalam Birla bought 2.21 crore shares on January 30, 1.88 crore shares on February 1 and 45 lakh shares on February 2, according to market data cited by CNBC-TV18. The industrialist bought another 1.42 crore shares on February 3, according to market data.

At the previous closing price of Rs 11.48 apiece, the total 5.96 crore shares bought by the industrialist over the two days would be worth around Rs 68.42 crore.

According to the company’s shareholding pattern as on December 31, 2025, Kumar Mangalam Birla owned 0.02 percent stake in the company. Promoter and promoter groups collectively owned 25.57 percent stake in the telco, while the rest of the 74.43 percent stake was held by the general public.
Emkay Global on Vodafone Idea:
Emkay Global upgraded the shares of Vodafone Idea to ‘Add’ from ‘Sell’, and doubled its target price to Rs 12 apiece from Rs 6 apiece earlier. The latest target price implies an upside potential of nearly 4.5 percent from the stock’s previous closing price.

The domestic brokerage noted that the government has approved a major moratorium for VI’s AGR liabilities, with minimal annual payments until FY35.

“We believe this will provide significant cash flow relief and a turnaround opportunity. The relief reduces the net present value (NPV) of the burden by 60–80%, easing immediate survival pressure, along with the possibility of further reduction on reassessment of AGR dues. This will enable VI to access bank funding for 4G/5G expansion, helping the company arrest subscriber churn and market-share loss,” it said.

However, Emkay noted that the key risks to its bullish call include inability to increase subscriber market share, significantly increase ARPU with tariff repair and upgrade the subscriber base from 2G to 4G/5G.

Follow all LIVE updates from the stock markets here.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Tata Motors' Indonesian unit secures order for 70,000 agriculture vehicles, Shares of Tata Motors CV business jumped over 5 percent to a 52-week high, Vehicles to aid rural logistics and agriculture supply chains in Indonesia

* Tata Motors' Indonesian unit secures order for 70,000 agriculture vehicles
* Shares of Tata Motors CV business jumped over 5 percent to a 52-week high
* Vehicles to aid rural logistics and agriculture supply chains in Indonesia

Tata Motors shares surged over 5% to a 52-week high after its Indonesian subsidiary secured a record order to supply 70,000 vehicles for agricultural and rural logistics, boosting connectivity and economic resilience across Indonesia.

shorts/business/tata-motors-shares-jump-5-to-fresh-52-week-high-after-indonesian-unit-wins-record-order

* Tata Motors' Indonesian unit secures order for 70,000 agriculture vehicles
* Shares of Tata Motors CV business jumped over 5 percent to a 52-week high
* Vehicles to aid rural logistics and agriculture supply chains in Indonesia

The shares of <a href="https://www.moneycontrol.com/india/stockpricequote/automobile-truckslcvs/tatamotors/TML02">Tata Motors</a>, which now represent its CV business, jumped sharply in trade on February 11 after the company announced a strong order win for its Indonesian subsidiary.

Tata Motors shares jumped more than 5 percent to hit a fresh 52-week high of Rs 497.80 apiece on Wednesday.

Tata Motors announced that its wholly owned indirect subsidiary, PT Tata Motors Distribusi Indonesia, has entered into an agreement for the supply of 70,000 vehicles for deployment in Indonesia. This is biggest-ever order win for the subsidiary.

The vehicles will be used to support agricultural activities and rural logistics, including farm-to-market transportation and regional goods movement across the country, the automaker said.

“Tata Motors will support with supply of 35,000 units each of the Yodha (pick-up) and the Ultra T.7 (truck), to its subsidiary PT Tata Motors Distribusi Indonesia. The vehicles will be delivered to PT Agrinas Pangan Nusantara, an Indonesian state-owned enterprise, focused on modernising agricultural supply chains, empowering rural cooperatives and advancing national food security initiatives,” the company said.

Tata Motors added that through the Koperasi Desa and Kelurahan Merah Putih Project, which are two major strategic projects of Indonesia, the vehicles will also support the country’s broader nation-building efforts by strengthening rural connectivity, livelihoods and economic resilience.

Tata Motors said that its trucks and pick-ups are engineered for operating in diverse and demanding conditions, and will lower logistics costs while enabling efficient movement of goods across Indonesia. The fleet will be rolled out through agricultural cooperatives under a structured, phased delivery programme to ensure seamless integration and sustained operational impact across Indonesia, it added.

“This order reflects the continued acceptance of Indian commercial vehicles in international markets and the confidence of customers in their ability to operate reliably across diverse conditions. The Tata Yodha and the Ultra T.7 are designed for sustained performance, high uptime and efficient operating economics. Their deployment will support agricultural logistics in Indonesia by improving connectivity, enabling more efficient movement of goods across rural and regional networks. We remain committed to expanding the global footprint of Indian mobility solutions through vehicles and offerings that combine scale, reliability and sustained value creation for our customers,” said Asif Shamim, Director at PT Tata Motors Distribusi Indonesia.
<h3><strong>Tata Motors CV share price:</strong></h3>
The shares of Tata Motors’ commercial vehicle business were listed at Rs 335 apiece on the NSE on November 12. This marks a premium of more than 28.5 percent from the discovered price of Rs 260.75.

This came after the demerger of the automaker’s commercial vehicle business from its passenger vehicle segment. The shares of the passenger vehicle segment were discovered at a price of Rs 400 apiece on NSE on October 14.

The shares of the commercial vehicle business have so far rallied around 49 percent from its listing price.

Follow all <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-gift-nifty-indicates-a-firm-start-us-markets-mixed-asia-gains-liveblog-13822593.html">LIVE updates</a> from the stock markets here.

<em>Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.</em>

Tata Motors shares jump 5% to fresh 52-week high after Indonesian unit wins record order

The shares of Tata Motors, which now represent its CV business, jumped sharply in trade on February 11 after the company announced a strong order win for its Indonesian subsidiary.

Tata Motors shares jumped more than 5 percent to hit a fresh 52-week high of Rs 497.80 apiece on Wednesday.

Tata Motors announced that its wholly owned indirect subsidiary, PT Tata Motors Distribusi Indonesia, has entered into an agreement for the supply of 70,000 vehicles for deployment in Indonesia. This is biggest-ever order win for the subsidiary.

The vehicles will be used to support agricultural activities and rural logistics, including farm-to-market transportation and regional goods movement across the country, the automaker said.

“Tata Motors will support with supply of 35,000 units each of the Yodha (pick-up) and the Ultra T.7 (truck), to its subsidiary PT Tata Motors Distribusi Indonesia. The vehicles will be delivered to PT Agrinas Pangan Nusantara, an Indonesian state-owned enterprise, focused on modernising agricultural supply chains, empowering rural cooperatives and advancing national food security initiatives,” the company said.

Tata Motors added that through the Koperasi Desa and Kelurahan Merah Putih Project, which are two major strategic projects of Indonesia, the vehicles will also support the country’s broader nation-building efforts by strengthening rural connectivity, livelihoods and economic resilience.

Tata Motors said that its trucks and pick-ups are engineered for operating in diverse and demanding conditions, and will lower logistics costs while enabling efficient movement of goods across Indonesia. The fleet will be rolled out through agricultural cooperatives under a structured, phased delivery programme to ensure seamless integration and sustained operational impact across Indonesia, it added.

“This order reflects the continued acceptance of Indian commercial vehicles in international markets and the confidence of customers in their ability to operate reliably across diverse conditions. The Tata Yodha and the Ultra T.7 are designed for sustained performance, high uptime and efficient operating economics. Their deployment will support agricultural logistics in Indonesia by improving connectivity, enabling more efficient movement of goods across rural and regional networks. We remain committed to expanding the global footprint of Indian mobility solutions through vehicles and offerings that combine scale, reliability and sustained value creation for our customers,” said Asif Shamim, Director at PT Tata Motors Distribusi Indonesia.
Tata Motors CV share price:
The shares of Tata Motors’ commercial vehicle business were listed at Rs 335 apiece on the NSE on November 12. This marks a premium of more than 28.5 percent from the discovered price of Rs 260.75.

This came after the demerger of the automaker’s commercial vehicle business from its passenger vehicle segment. The shares of the passenger vehicle segment were discovered at a price of Rs 400 apiece on NSE on October 14.

The shares of the commercial vehicle business have so far rallied around 49 percent from its listing price.

Follow all LIVE updates from the stock markets here.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Breweries & Distilleries Industry Stocks
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Earnings Review-Q3 FY25-26

Stock News

Q3 results impact: Ashiana Housing, SJVN shares rise 7% on strong earnings, Surya Roshni declines 5%

Top gainers and losers today: Eicher Motors tops Nifty50 with 6% gains, TCS down up to 3% - Check full list

IT shares fall after two days on US economic data as Persistent, TCS lead losses, but CLSA sees opportunity

Vodafone Idea shares rise 3% as promoter KM Birla's additional stake purchase boosts sentiment

Tata Motors shares jump 5% to fresh 52-week high after Indonesian unit wins record order

Breweries & Distilleries Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Breweries & Distilleries industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q3 FY25-26

Stock News

Q3 results impact: Ashiana Housing, SJVN shares rise 7% on strong earnings, Surya Roshni declines 5%

Top gainers and losers today: Eicher Motors tops Nifty50 with 6% gains, TCS down up to 3% - Check full list

IT shares fall after two days on US economic data as Persistent, TCS lead losses, but CLSA sees opportunity

Vodafone Idea shares rise 3% as promoter KM Birla's additional stake purchase boosts sentiment

Tata Motors shares jump 5% to fresh 52-week high after Indonesian unit wins record order

Breweries & Distilleries Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Breweries & Distilleries industry stocks.