*over or under performance to benchmark index Tata Motors Ltd (formerly TML Commercial Vehicles Ltd), a leading automobile manufacturer in India, designs, manufactures and sells commercial vehicles (CVs). In Q3FY26, revenue grew 16.1% YoY to Rs. 21,847cr, driven by higher volume, improved realisations, and strong domestic and export demand. CV revenue grew 16.5% YoY to Rs. 21,534cr, supported by higher wholesale across the HCV, ILMCV and SCV segments amid post-monsoon demand recovery. Total CV sales rose 21% YoY to 1,15,577 units, led by a rebound in construction and mining activity, festive demand, and infrastructure sector momentum. EBITDA grew 26.3% YoY to Rs. 2,585cr, with margin expanding 90bps YoY to 11.8%,...