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    Tata Technologies shares zoom 25% from April lows. What fueled the rally?

    Synopsis

    Tata Technologies shares surged 25% from April lows to Rs 740, supported by Q1FY26 results showing a 5% rise in net profit to Rs 170 crore despite a slight revenue dip. Technical indicators suggest mid-level momentum, while long-term trends remain weak. The stock is gaining near-term investor interest.

    Tata Technologies shares zoom 25% from April lows. What fueled the rally?ETMarkets.com
    Tata Technologies' shares have surged 25% since April 7, fueled by positive Q1 results, where net profit increased by 5% to ₹170 crore.
    The shares of IT company Tata Technologies have rallied 25% from their low of Rs 597 on April 7 on the NSE, currently trading near Rs 740, a move supported by the company’s Q1 results, reported earlier this week.

    As of 11:10 am today, the stock witnessed high trading volumes, with a total traded quantity (TTQ) of 15.7 lakh shares, amounting to a traded value of Rs 100.50 crore on the NSE. The company’s market capitalization stood at Rs 29,920.08 crore.

    On the charts, the stock is placed above its short and medium term daily exponential moving averages (DEMA), but remains below the 100 and 200 day DEMA, indicating it is yet to regain long term momentum.

    On the Relative Strength Index (RSI), Tata Technologies shares are oscillating near the 58 mark, a mid-level. An RSI below 30 is considered oversold, while above 70 is considered overbought.

    Tata Technologies Q1 results


    Tata Technologies announced on Monday a 5% increase in its consolidated net profit attributable to shareholders for the first quarter of FY26. Net profit stood at Rs 170 crore for the quarter ended June 30, 2025, compared to Rs 162 crore in the corresponding period last year.

    However, the company’s revenue from operations saw a slight decline, standing at Rs 1,244 crore for Q1FY26, down 2% year on year from Rs 1,269 crore in the year ago period.

    Also read: Dolly Khanna bets on this smallcap stock with 1.5% stake purchase in June quarter

    Tata Technologies share price performance


    Over the past year, shares of Tata Technologies have declined 27.46%. Year to date, the price has dropped 17.31%. Over the last six months, it fell 8.69%. However, in the past three months, the stock gained 12.60%, though it is down 1.74% over the last month.

    At around 11:20 am today, the stock was trading 0.7% higher at Rs 737.25 on the BSE.

    (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)


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