Tata Motors overthrew Maruti Suzuki again on Monday to reclaim the spot as the country’s biggest automaker by market cap. Shares of the Tata Group surged up over 8% to hit an all-time high of ₹950. Over the last year, Tata Motors’ share price has been on a great bull run beating the returns of all other NIfty 50 stocks.

The Investment: If you had invested in Tata Motors a year ago, you would have recieved around 22 shares of the auto giant, as stock trade at around ₹440. Today with the stock hitting all-time high of ₹950, those share would be worth around ₹20,900.

Tata Motors Q3 Earnings: The Tata Group company reported a surge in consolidated net profit for the quarter ended December, increasing by 137.5% to ₹7,025.11 crore compared to ₹2,958 crore in the year-ago period. This surpassed street estimates, which had been around ₹4,400 crore. The company’s revenue for the October-December period grew by 24.9% year-on-year to ₹1.10 lakh crore, largely aligning with street estimates.

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Here’s how brokerage reacted to the company’s results

Price Action: Tata Motors' share price was up 7.31% to trade at ₹943 on Monday. 

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