News for Tata Investment Corporation Limited (TATAINVEST.BO)

Tata Investment shares: The companys revenue from operations and total income both declined by 71% year-on-year. Revenue from operations came in at ₹16.43 crore, down from Rs 57.11 crore in the same quarter last year.

Tata Investment, a holding company with stakes across several Tata Group entities, is seen as a major indirect beneficiary of the IPO move. Market participants view the listing as a potential value-unlocking event for Tata Groups broader financial services portfolio.

Tata Capital IPO and ₹1,504 crore rights issue are set to reshape the financial market. Analysts predict a listing price of ₹500-700. IPO Listing expected by September 2025. Shares of listed entities that own stake in Tata Capital such as Tata Investment Corporation, Tata Consumer Products, Tata Chemicals, Tata Motors and Tata Power Company are in focus.

Stock market update: M&M, Bharti Airtel, Bajaj Finance, Adani Enterprises, and Adani Ports among top gainers; Hindalco, Dr Reddy’s, TCS, Sun Pharma drag.

Tata Capital's board has approved its plan to launch an initial public offering (IPO). The non-banking financial company (NBFC) would reportedly issue 23 crore new shares in the fresh process.

Tata Capital is planning to list its shares on domestic bourses; the NBFC arm of Tata group is discussing with certain bankers to initiate the IPO process.

Tata Investment share price: Shares of Tata Investment Corporation surged by 8.3% after Tata Capital received board approval for its long-awaited IPO. The listing, including 23 crore new shares and an offer-for-sale mechanism, is anticipated to unlock value in Tata Group's financial services portfolio.

Tata Investment share price: The stock jumped 9.22 per cent to hit a day high of Rs 6,500. At this price, it has gained 24.20 per cent in a couple of trading sessions.

Tata Investment share price: The scrip traded higher than the 5-day, 10-, 20-day and 30-day simple moving averages (SMAs) but lower than the 50-day, 100-, 150-day and 200-day SMAs.

In January, mutual funds bought stocks worth Rs 575 billion in India's secondary market, with key additions in Axis Bank, HDFC Bank, and ICICI Bank. Major reductions were seen in Reliance Industries, ITC, and Bharat Electronics. Notable entries included Adani Wilmar in mid-cap and AXISCADES Technologies in small-cap. Mutual funds actively managed their portfolios, focusing on large, mid, and small-cap stocks.

Stocks including Eicher Motors, Lupin, MTAR Technologies, Aditya Birla Capital, Nykaa, Bata india, SBFC Finance, Samhi Hotels and more will be in the spotlight on Tuesday, February 11.

An analyst from StoxBox said that the shares of Nestle India is currently experiencing a downtrend, trading cautiously at its immediate support level around Rs 2,145.

Data available from ACE Equity shows that the Indian equity benchmark BSE Sensex, has slipped 12% from its 52-week high of 85,978

Tata Investment shares: The Tata stock climbed 11.83 per cent to hit a high of Rs 7,305 on BSE. It hit a 52-week high of Rs 9,744.40 and low of 4,170. The scrip has jumped 70.43 per cent in 2024 so far and 276 per cent in the past two years.

Indian benchmark indices edged higher as IT and consumer stocks provided support, aided by rupee depreciation. The BSE Sensex fell marginally, while Bharat Electronics and Tata Investment Corporation shares showed gains. However, experts predict that external and internal factors will limit sustained market rallies.

Of the 12 new-age tech startups listed on the bourses in 2024 so far, 11 made their debuts at a premium over their respective issue prices

Indian benchmark indices Sensex and Nifty opened higher in the special Muhurat trading session on Diwali, lifted by upbeat investor sentiment as markets ushered in the new Hindu calendar year, Samvat 2081.

Indian benchmark equity indices declined for the fourth straight session, dragged by Hindustan Unilever's missed profit estimates and foreign fund outflows. Analysts note that the Nifty has declined over four sessions and appears oversold, suggesting a potential pullback to 24,550–24,600.

Noel Tata, chairman of Trent, was appointed chairman of Tata Trusts after his half-brother Ratan Tata's death. Noel Tata has been closely associated with the Tata Group for over four decades.