Tata Technologies shares surge 6% as firm expands partnership with Tenneco; everything investors need to know

Tata Technologies shares jumped 5.5% to touch an intraday high of ₹707.65 apiece on Thursday, July 2, after the company said it has expanded partnership with global automotive component manufacturer Tenneco.

With the partnership, Tenneco is expected to invest $100 million in this engagement over the next five years.

The agreement was signed on June 30 at the Tata Group's headquarters in the financial capital, and the two partners reaffirmed their commitment to advancing technical excellence, digital innovation, and long-term growth, Tata Technologies said in a regulatory filing.

“The collaboration also reflects a long-term strategic commitment, with Tenneco expected to make an investment of over $100 million in this engagement over the next five years,” it added.

Established in 2021, the collaboration has continually grown to support Tenneco's broader engineering and business transformation priorities, it said.

Anchored by Tata Technologies' Global Engineering Center in Pune, it brings together technical expertise, digital technologies, and AI-enabled capabilities to accelerate product development, improve performance, and deliver sustained value across Tenneco's global operations, as per the statement.

“This next phase builds on the strong foundation we've established with Tata Technologies and reflects the continued importance of India as a strategic growth region for Tenneco. By expanding this partnership, we are strengthening the capabilities, scale and agility needed to support our customers, respond to evolving market needs and deliver long-term value across our global business,” said Jon Bagrosky, Chief Administrative Officer, Tenneco.

This expanded engagement reflects the strength of our shared commitment, said Warren Harris, CEO & Managing Director, Tata Technologies.

“As Tenneco accelerates its mobility transformation journey, we are proud to bring together deep domain expertise, digital capabilities, and business transformation experience to support Tenneco's global growth agenda,” he added.

Tata Technologies share price trends

At 10:56 AM, Tata Technologies shares were trading at ₹703.4 apiece on the National Stock Exchange, gaining 4.95%.

Over the past five trading sessions, shares of the company have declined 6%, while they have surged over 7% in the last six months. From the beginning of the year, Tata Technologies shares have advanced 9.2%.

Shares of the firm had hit a 52-week high of ₹784 on June 9, 2026, and a 52-week low of ₹507.40 on March 30, 2026.

Tata Technologies Q4 earnings

Tata Technologies had reported its earnings for the January-March quarter of the 2025-26 financial year, posting an 8.1% YoY surge in its consolidated net profit to ₹204.17 crore. In the corresponding period of the previous fiscal year, the Tata Group firm had logged a profit of ₹188.87 crore.

Its revenue from operations advanced by 22.29% YoY to ₹1,572.22 crore during the quarter under review, compared to ₹1,285.65 crore in the fourth quarter of the 2024-25 fiscal year (Q4 FY25). Sequentially, the revenue surged 15.1% quarter-on-quarter (QoQ) from ₹1,365.73 crore.

It recorded an operating EBITDA (earnings before interest, tax, depreciation and amortisation) of ₹252.1 crore for the reporting quarter, marking an 8% YoY increase from ₹233.4 crore in the March FY25 quarter. It was up 30.7% QoQ from ₹192.9 crore in the December quarter of FY26.

The company’s EBITDA margin stood at 16% in Q4 FY26, down from 18.2% in the year-ago period. However, it improved sequentially from 14.1% in Q3 FY26.

According to NSE data, as of July 2, 2026, Tata Technologies has a total market capitalisation of ₹28,565.75 crore.