Tata Motors (CV) block deal: BNP Paribas acquires stake of Rs 152 crore while Goldman Sachs sells

French multinational BNP Paribas on Tuesday bought over 35.43 lakh shares in Tata Motors Limited (Tata Motors Commercial Vehicle) through a block deal. In the deal worth Rs 152 crore, the seller was Goldman Sachs.BNP Paribas bought these shares at a price of Rs 429.3 each through its subsidiary BNP Paribas Financial Markets. It was at a discount of 2.7% over Monday’s closing price of Rs 441.40.

Shares of Tata Motors fell nearly 3% today to settle at Rs 428.90 on the BSE.

Tata Motors Commercial Vehicle is derived from the Tata Motors Limited, but retained the name. It was listed on the stock exchanges as a separate entity on November 12, 2025. Meanwhile, the passenger vehicle was listed as Tata Motors Passenger Vehicles.

The stock made its stock market debut at Rs 335 on the NSE. The stock has risen 28% since listing. The current market capitalization of the company is Rs 1.57 lakh crore.

The stock reached a high of Rs 451.20 on January 19, 2026, while it hit a low of Rs 306.30 on November 14, 2026.

The company reported a consolidated net loss of Rs 867 crore, against a net profit of Rs 498 crore in the same period last year. The company’s operating revenue in the quarter stood at Rs 18,585 crore, up 6% from Rs 17,535 crore in the corresponding quarter of the last fiscal. The company attributed the net loss in the quarter under review to the Mark-to-Market losses due to recently listed investments in Tata Capital (Rs 2,000 crore), which led to a PBT (bei) of Rs 600 crore and a net income of Rs 600 crore. Rs 900 crore.

The company improved EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) margins to 12.2%, up 150 basis points, while EBIT margin was 9.8%, up 200 basis points, helped by higher volumes and favorable realizations.

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