Core Viewpoint - BNP Paribas acquired over 3.54 million shares of Tata Motors Limited at a price of Rs 429.3 per share through a block deal, indicating a strategic investment despite a recent decline in Tata Motors' stock price [5]. Group 1: Company Performance - Tata Motors reported a consolidated net loss of Rs 867 crore compared to a net profit of Rs 498 crore in the same period last year [4]. - The company's revenue from operations for the quarter was Rs 18,585 crore, reflecting a 6% increase from Rs 17,535 crore in the corresponding quarter of the previous financial year [4]. - The company improved its EBITDA margins to 12.2%, an increase of 150 basis points, while the EBIT margin rose to 9.8%, up by 200 basis points, driven by higher volumes and favorable realizations [4]. Group 2: Stock Performance - Tata Motors shares fell nearly 3% to settle at Rs 428.90 on the BSE, following the acquisition by BNP Paribas [5]. - The stock debuted at Rs 335 on the NSE and has since gained 28% since its listing [5]. - The stock reached a high of Rs 451.20 on January 19, 2026, and a low of Rs 306.30 on November 14, 2026 [3]. Group 3: Market Capitalization - The current market capitalization of Tata Motors is Rs 1.57 lakh crore [5].
Tata Motors (CV) block deal: BNP Paribas picks up Rs 152 crore stake as Goldman Sachs sells
The Economic Times·2026-01-20 15:11