Tata Tech shares jump over 8% after strong Q2 earnings show; 28% YoY revenue surge, margin growth in focus

Tata Technologies shares surged more than 8% after the opening bell on Thursday, October 15, as investors reacted to the company’s healthy Q2 FY27 earnings performance, with key focus on revenue growth and margin improvement in the period.

NSE data showed that Tata Tech shares jumped 8.3% to touch an early market high of ₹807.55 apiece on Thursday’s market, in comparison to ₹745.55 apiece at the previous equity market close.

The exchange data also showed that the trading activity surpassed 22 lakh equity shares, triggering the high-volume gains on October 15, marking a nearly 2-times surge in volumes over the past one-week average of 12.21 lakh equity shares.

On a two-week average trading volume basis, Thursday’s intraday gains were powered by elevated investor interest, with activity surging past 9.79 lakh equity shares, marking a 2.2-times hike in volumes.

After hitting the intraday high, Tata Technologies’ stock reversed its gains to trade 1.5% lower at around ₹734 apiece during the morning market hours as of 9:59 am (IST).

Q2 financial performance

While the net profit growth remained modest, investors were focused on the company’s more than 28% revenue growth in the period under review, with the ‘services’ and ‘technology solutions’ segments contributing the most to the healthy performance.

Data showed that the consolidated revenue from core operations surged 28.37% You to ₹1,698.80 crore in the September quarter, compared to ₹1,323.33 crore in the same period of the previous year.

In dollar terms, Tata Tech’s revenues surged 19.1% YoY to $177.9 million in the period under review, from $150.9 million a year earlier.

The company’s services segment income registered 33.9% YoY growth in the second quarter, and the technology solutions segment revenues gained 10.5% in the same period, contributing to the overall revenue hike.

The NSE filings also showed that the onshore revenues, which include services revenue sourced outside India and Romania, contributed 65% to its revenue mix, and the remaining 35% was generated from offshore revenue.

Margin growth

Tata Tech’s operating profit or EBITDA (earnings before interest, tax, depreciation and amortisation) advanced 31.5% YoY to ₹273.3 crore in Q2 FY27, from ₹207.8 crore in the year-ago period.

On the margins front, the company’s EBITDA margins improved by 40 basis points to 16.1% in the September quarter, from earlier 15.1% levels in the corresponding period a year ago.

Tata Tech’s management remains confident in delivering strong double-digit growth for the full year, citing robust demand, ongoing program ramp-ups, and healthy pipeline conversion in the upcoming period.

On the demand front, Uttam Gujrati, Chief Financial Officer of Tata Technologies, said that the underlying demand environment remains encouraging, while the company navigates near-term challenges.

How have Tata Tech shares performed?

NSE data showed that Tata Tech shares have delivered 10% returns to investors in the last one-year period, and the stock has gained nearly 19% on a year-to-date (YTD) basis in 2026.

In the near term, the company’s stock has risen around 1% in the past month and is trading more than 10% higher on a five-market-session basis, as per the exchange data.

Shares of Tata Tech surged to their 52-week high of ₹891 apiece on August 11, 2026, while the 52-week low was at ₹507.40 on March 30, 2026.

The company’s market capitalisation (m-cap) was at ₹30,338 crore as of the trading session on Thursday, October 15, 2026.