New Delhi, May 14 -- Tata Motors shares tanked over 7% after rising in early deals on Thursday, 14 May, even after the commercial vehicle maker reported a strong set of earnings for the January-March quarter of FY26 after market hours.

The stock shed as much as 7.2% to its day's low of Rs.367.55 from its intraday high of Rs.396.30 apiece on the BSE.

On May 13, the demerged Tata Motors entity posted a sharp 69.56% year-on-year rise in standalone net profit to Rs.2,406 crore for Q4FY26, compared with Rs.1,419 crore in the corresponding quarter last year.

Revenue for the quarter increased 22% year-on-year to Rs.24,452 crore, while EBITDA climbed 35% year-on-year to Rs.3,400 crore. The company reported an EBITDA margin of 13.9%, up 130 bas...