Tata Motors shares rise 4% after impressive November sales. Check details

Shares of Tata Motors Commercial Vehicle business gained as much as 4% to a high of Rs 365 on Monday, December 1, as investors cheered the company’s strong set of sales numbers for November 2025.

Tata Motors reported total CV sales of 35,539 units for the month, a 29% YoY increase from 27,636 units in the same month last year, the automobile major said in a regulatory filing earlier today.

Domestic volumes grew 25% to 32,753 units, supported by healthy demand across categories. Heavy commercial vehicles rose 34% to 10,181 units, while ILMCV trucks registered a 35% increase to 5,905 units. Passenger carrier sales were up 11% at 3,340 units, and the SCV and pickup segment advanced 19% to 13,327 units, reflecting improving activity in core freight markets.

The international business also delivered a sharp boost, with overseas sales rising 92% to 2,786 units compared to 1,453 units last year. The broad-based recovery in both domestic and export markets reinforced optimism about the company’s CV cycle, driving the stock higher through the session.

In Q2, the CV segment wholesales stood at 96.8K units, up 12%. Domestic volumes were up by 9% YoY while exports jumped by 75%. Domestic CV VAHAN market share was steady at 35.3% in H1FY26.

The company said that it passed the entire benefit of GST reduction to customers across the product range. Strengthened the portfolio with new offerings including Ace Gold+ Diesel, Winger Plus, LPT 812 and LPO 1822 to address diverse customer needs.

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

Looking ahead to H2 FY26, we anticipate continued momentum from key demand drivers—construction, infrastructure, and mining. These sectors are poised to fuel growth, and our focus will remain on driving sustainable performance and shaping the future of mobility,” management said.

Tata Motors is the commercial vehicle business of the Tata Group which was carved out from erstwhile Tata Motors Ltd following its demerger.

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