In today's Datawatch we look at shares pledged by Tata Group in the last quarter (October-December).
As per data, eight out of Tata Group's 14 listed companies, have pledged their shares during last quarter.
In terms of percentage, Tata Coffee was top in pledging the shares, the company has pledge entire 57.48% holding, amounting Rs 608 crore as per market price on March 8, 2011.
In terms of value, IT major Tata Consultancy Services (TCS) has pledged their 15.32% amounting Rs 24,734 crore, followed by Tata Motors Rs 4,986 crore and Tata Power Rs 3,295 crore.
Note: As per shareholding pattern data dated December 2010.
Disclaimer: Datawatch is purely intended to reveal interesting statistics. Moneycontrol sources all price information from BSE/NSE, company information from Dion Global Solutions Limitedand shareholding information from BSE. Moneycontrol is not responsible for inaccuracy/non-updation of data. There is no intention whatsoever to arrive at any conclusion or recommend any stocks or sectors. Please consult your financial advisor before taking any investing decisions.