Tata Group Stocks: Shares of Tata Investment Corporation closed in the lower circuit of 5 percent on Tuesday. This was the 11th consecutive day when the stock was under pressure. The stock closed at Rs 5662.20 with a decline of 5 percent on BSE during the trading day.
Tata Investment Corporation had seen a tremendous rise since the beginning of this year and the stock had made its 52-week high of Rs 9,744.40 per share on March 7. On this day, the market capitalization of the company was Rs 49,365 crore, which has fallen to Rs 28,648 crore. The stock has fallen by 20 percent in the last one month.
Reason for decline in Tata investment
Tata Investments witnessed a strong rally due to the possible listing of Tata Group’s parent company Tata Sons by September 2025. It was believed that Tata Investment would directly benefit from the listing of Tata Sons, due to which the stock was continuously seeing upper circuits.
But some media reports said that Tata Sons Company is working on a plan to postpone the possible listing. In this series, Tata Sons has sold 0.64 percent stake in TCS for Rs 9,000 crore.
Tata Group holds 73.38 percent stake
Tata Investment Corporation owns a stake in Tata Sons. It is registered as an NBFC company. Tata Sons and Tata Group companies hold about 73.38 percent stake in Tata Investments. The company had made a profit of Rs 252 crore in the financial year 2022-23.
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