Tata Motors raced over 7 percent on January 27 after December quarter earnings beat estimates.
On January 25, the company reported a consolidated net profit of Rs 2,957.71 crore for the quarter ended December 2022, against a loss of Rs 1,516.14 crore in the same quarter last year.
The company posted profit after recording losses for seven consecutive quarters.
At 9:30 am, the stock was quoting at Rs 448.20 apiece on the National Stock Exchange, up by 7 percent. Trading volumes were 15.2 million shares.
