Shares of Tata Technologies surged by 7.5% to a high of ₹635 on the Bombay Stock Exchange (BSE) after the company announced its Q4 results, reporting a consolidated net profit of ₹204 crore, an 8% increase from ₹189 crore in the same quarter last year. Revenue from operations reached ₹1,572 crore, a 22% increase compared to the previous year, and a 15% rise sequentially. The services segment contributed ₹1,220 crore to revenue, reflecting a 15% quarter-on-quarter growth. Despite the positive earnings, Motilal Oswal has maintained a 'Sell' rating on Tata Technologies, with a target price of ₹500, indicating a potential 15% downside. The brokerage expressed concerns over the sustainability of revenue growth and execution challenges in the coming quarters. CEO Warren Harris noted that the growth momentum from Q3 continued into Q4, with expectations for double-digit organic growth and sustained margin expansion in FY27. Analysts remain cautious, emphasizing the need for improved deal ramp-ups and market conditions in the automotive sector.