Tata Investment Corporation rose 8 percent after reports said Tata Capital may soon receive SEBI's approval for its Rs 17,200 crore IPO
Tata Motors holds a nearly 4 percent stake in Tata Capital, while Tata Investment Corporation owns around 2 percent of the equity.
Investors have rallied behind Tata stocks following the passing of Ratan Tata, with Tata Investment, Tata Chemicals and others seeing gains of up to 10 percent.
Indian equity indices ended marginally in the red amid volatility on August 27. Here are 10 stocks that moved the most in trade today.
Tata Capital, Tata Autocomp Systems, Tata Passenger Electric Mobility, BigBasket, Tata Digital, Tata Electronics, Tata Housing, and Tata Batterie may launch IPOs over the next three years, a report has said
Tata Consumer Products and Tata Steel jumped up to 4 percent to hit their respective record highs. Other group stocks like Tata Elxsi, Tata Steel, Trent, Voltas, Tata Motors and TCS also gain 1 to 4 percent
Tata Investment Corporation is primarily involved in investing in long-term investments, such as equity shares and equity-related securities.
Tata Investment Corporation has an opportunity of value unlocking from Tata Technologies IPO, according to analysts.
Vijay Chopra of enochventures.com suggests buying Jet Airways with a target of Rs 535.
The conglomerate is in talks with Vanguard Group and Allianz SE to sell a 26-49 percent stake in Tata Asset Management, according to a report in Mint.
FinWiz visits the young employees of Wonder Cement at Udaipur where Mehrab Irani, GM - Investments of Tata Investment and Pankaj Mathpal, MD of Optima Money Managers gave their expert advice on retirement planning.
Amit Dalal of Tata Investment says that the main factor of concern is economic data, which is the one reason why the market will correct downwards in the months to come.
Amit Dalal of Tata Investment explains, in an analysis on CNBC-TV18, that the oil and gas sector over a 12-to-18-month view is a lucrative investment option on widespread consensus of the need to reduce then subsidy burden and advises investors to brace for a correction in the US and European markets
CARE‘s offer at the lower end of the price band (700) itself discounts its FY12 EPS and Book Value 17.3 times and 5.3 times respectively. As compared to CRISIL and ICRA, CARE may perhaps look cheap, says V S Fernando.
Domestic rating agency Credit Analysis & Research Ltd (CARE) has got a go-ahead from the market regulator Sebi for its proposed initial pubic offer.
Auto-parts maker Tata Autocomp Systems, part of the USD 68 billion diversified Tata group, plans to raise at least USD 245 million through an initial share sale in the next 2-3 weeks, R.S. Thakur, managing director and chief executive, told Reuters.