Shares of Tata Motors are up 4% after impressive sales in November. Check details

Shares of Tata Motors Commercial Vehicles rose as much as 4% to a high of Rs 365 on Monday, December 1, as investors cheered the company’s strong sales figures for November 2025.Tata Motors reported total CV sales of 35,539 units for the month, up 29% year-on-year from 27,636 units in the same month last year, the automotive giant said in a regulatory filing earlier today.

Domestic volumes rose 25% to 32,753 units, supported by healthy demand across all categories. Heavy commercial vehicles rose 34% to 10,181 units, while IMCV trucks registered a 35% increase to 5,905 units. Passenger carrier revenue rose 11% to 3,340 units, and the SCV and pickup segment rose 19% to 13,327 units, reflecting improved activity in core freight markets.International operations also provided a sharp boost, with sales abroad rising 92% to 2,786 units, compared to 1,453 units last year. The broad recovery in both domestic and export markets boosted optimism about the company’s CV cycle, sending the stock higher on the session.

In the second quarter, the wholesale CV segment amounted to 96.8,000 units, an increase of 12%. Domestic volumes rose 9% year-on-year, while exports rose 75%. CV VAHAN’s domestic market share remained stable at 35.3% in H1FY26.

The company said it was passing on the full benefit of the VAT reduction to customers across its product range. The portfolio strengthens with new offerings including Ace Gold+ Diesel, Winger Plus, LPT 812 and LPO 1822 to meet diverse customer needs.

The company said the full impact of the GST reforms is yet to unfold and with the festive season approaching and consumption improving, it expects a strong second half for FY26. Construction, infrastructure and mining activities will gain momentum, further increasing demand for trucks and tippers.

Looking ahead to the second half of FY26, we expect continued momentum from key demand drivers: construction, infrastructure and mining. These sectors are poised to drive growth, and our focus will remain on driving sustainable performance and shaping the future of mobility,” management said.

Tata Motors is the commercial vehicles division of the Tata Group, which was spun off from the erstwhile Tata Motors Ltd after the demerger.

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