Tata Motors Passenger Vehicles Ltd (TMPV) Weekly Analysis
Price & Volume
This week, the stock price declined by 0.77%, closing at 335.35. The trading range was 3.15%, indicating a moderate week. Average daily trading volume was lower than the previous week by 25.87%. The delivery percentage stood at 49.25%.
Technicals
This week, the stock closed at 335.35, down 0.77% from last week. The price is below its 20-week and 50-week moving averages (MAs), which are both trending downwards, indicating a bearish trend. Momentum is weak, with the Relative Strength Index (RSI) at 39.89, suggesting oversold conditions. The Moving Average Convergence Divergence (MACD) histogram is also negative. Volatility, measured by Bollinger Band width, has decreased significantly WoW. Overall, the technical picture shows a downtrend with weakening momentum and contracting volatility.
Fundamentals
In the Mar 2026 quarter, revenue increased by 7.2% year-over-year (YoY) to ₹105,447.0. Net profit saw a significant YoY decline of 31.3% to ₹5,878.0, though it grew substantially by 268.8% quarter-over-quarter (QoQ). Earnings per share (EPS) followed a similar trend, down 31.8% YoY but up 265.8% QoQ. The company currently trades at a Price-to-Earnings (PE) ratio of 1.4x and a Price-to-Book (PB) ratio of 5.0x.
News
During the week of July 13-17, 2026, the Indian auto sector saw developments related to new fuel efficiency rules that may reward fuel-saving technologies. Corporate earnings for Q1 were driven by pricing power rather than volume, with revenue estimated to grow 11-11.5% despite supply disruptions. On the macro front, the India-UK Free Trade Agreement came into effect, potentially boosting bilateral trade. Additionally, the Union Cabinet was expected to approve the India Semiconductor Mission 2.0, a significant plan to develop the semiconductor value chain. Multinational corporations were also observed shifting inventory to India due to disruptions in West Asia, diversifying supply chains.
Events
Weekly Snapshot
Highlights
- The stock price declined by 0.77% this week, closing at 335.35, continuing a downward trend observed over the last 10 weeks.
- Trading volume decreased significantly by 25.87% compared to the previous week, indicating reduced investor interest.
- Technical indicators show a bearish trend, with the price below its 20-week and 50-week moving averages, both of which are trending downwards.
- Momentum remains weak, with the Relative Strength Index (RSI) at 39.89, suggesting oversold conditions, and a negative MACD histogram.
- News highlighted that Q1 corporate earnings were driven by pricing power rather than volume, with revenue estimated to grow 11-11.5% despite supply disruptions.
What This Means
The stock is in a confirmed downtrend, trading below key moving averages with weak momentum. This week saw a price decline and a significant drop in trading volume, suggesting reduced market interest. While recent corporate earnings were supported by pricing power, the overall technical picture remains bearish, with contracting volatility.
Latest Quarter Info
The latest quarterly results for the period ending March 2026 show significant revenue growth, with a 50.4% increase quarter-over-quarter (QoQ) and a more modest 7.2% year-over-year (YoY). Profitability experienced a substantial boost, evidenced by a 268.8% QoQ rise in net profit. However, the YoY net profit trend indicates a decline of 31.3%. The operating margin remained stable at 11.0%. This mixed signal between strong QoQ performance and a weaker YoY trend warrants further examination of underlying business dynamics and market conditions.