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