Tata Motors PV Q1: Punch, Nexon output up 47%; Curvv, Sierra volumes nearly triple
Tata Motors' passenger vehicle arm reported Punch/Nexon production of 117,711 units in Q1 FY26, up 47%, while Curvv/Sierra domestic sales rose to 25,150 from 8,272. Sierra EV launched at ₹18.8-24.8 lakh, taking on M&M, Maruti and Hyundai. Citi target ₹320; shares at ₹346.95.
Tata Motors PV reported higher Q1 FY26 production and domestic sales, with Punch/Nexon output up 47% and Curvv/Sierra volumes nearly tripling. Sierra EV launched at ₹18.8-24.8 lakh, competing with M&M, Maruti, Hyundai EVs.