{
  "id": 16871282,
  "title": "Tata Capital Share Price Jumps Nearly 5% After Q2 Profit Surges 51%",
  "url": "https://urgent.news/2026/10/28/tata-capital-share-price-jumps-nearly-5-after-q2-profit-surges-51",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T07:56:26.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/tata-capital-share-price-jumps-nearly-5-after-q2-profit-surges-51"
  },
  "original_language": "en",
  "account": "Tata Capital shares surged nearly 5% in Wednesday's trading as the company announced a significant jump in profits for the second quarter of the 2026-27 financial year. The stock, which had previously closed at ₹300.80, rose to an intraday high of ₹315.65 on the BSE, marking a 4.9% increase. Throughout the trading day, more than five million shares were exchanged on both the BSE and the National Stock Exchange (NSE).\n\nThe company's latest financial figures reveal a 51% increase in consolidated net profit to ₹1,660 crore for Q2, compared to ₹1,097 crore during the same quarter in the previous year. This growth in profit was coupled with a 26% increase in assets under management (AUM), showcasing the company's expanding lending portfolio. Net interest income (NII) surged by 23% to ₹3,700 crore, but analysts pointed out that net interest margins (NIM) have been declining for the fourth consecutive quarter, falling nine basis points to approximately 4.9%.\n\nWhile the NIM decline is primarily attributed to a nine-basis-point increase in the cost of funds, largely due to external benchmark lending rates and repo-linked bank borrowings, Tata Capital's management remains optimistic. They have reaffirmed their financial guidance, projecting medium-term AUM growth of 23% to 25%. The management also expects the net interest margin to remain stable or slightly improve alongside fee income in the upcoming quarters, with a stronger recovery anticipated in the fourth quarter of FY27 due to adjustments in lending rates and an improved product mix.",
  "summary": "Tata Capital shares rallied nearly 5% during Wednesday's intraday trading session, outperforming the broader market after the company reported strong earnings for the second quarter of financial year 2026-27. The Tata Group company's stock climbed 4.9% to an intraday high of ₹315.65 on the BSE, compared with its previous closing price of ₹300.80. Trading activity remained elevated, with more than…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}