Tata Motors Q1 revenue hit ₹1.07 lakh crore with 10% margins, led by JLR, but analysts flagged volatility in profits tied to commodity costs and global demand. SEBI analyst Finkhoz rated the stock 7/10, calling it a cyclical play. GST-driven CV price cuts boost near-term demand, with resistance at ₹726-₹730 and targets of ₹780-₹800.