In 2023, the Tata Group, led by N Chandrasekaran, saw a significant increase in market capitalization, making investors wealthier. The combined market capitalization of 27 Tata stocks has risen by approximately Rs 613,000 crore in the calendar year.This growth has been driven by the conglomerate’s strong performance, which has delivered impressive returns, with some stocks … Read more
BENGALURU: Shares of India’s Tata Technologies jumped as much as 180% on their trading debut on Thursday, valuing the first Tata Group company to go public in nearly two decades at 567.94 billion rupees ($6.8 billion). The Tata Motors’ unit, which provides engineering and technology services to auto, aero and heavy machinery makers, surged past … Read more
Tata Technologies share price bonanza: Tata Technologies made an impressive debut on the stock exchanges, listing at a premium of 140% or Rs 700 on Thursday. The stock opened at Rs 1200 on both the NSE and BSE, significantly higher than the issue price of Rs 500. Tata Technologies was the first IPO from the … Read more
Tata Technologies share price update: Tata Technologies IPO is all set to list on the stock exchange today, and expectations are that the company will see a bumper listing. Current grey market pricing (GMP) indicates Tata Technologies trading at a premium of Rs 406, suggesting an 80%-plus potential listing gain. With an upper price band … Read more
Tata Technologies, a global company focused on engineering research and development (ER&D), is set to announce the allotment status of its initial public offering (IPO) on Wednesday, November 29. Notably, this marks the first IPO from the Tata group in 19 years. The IPO, which was open from November 22 to November 24, had a … Read more
After an action-packed last week, there is some reprieve for investors in the primary market as there will be no new mainboard IPOs this week. Despite no new launches, five IPOs that hit the Street last week will likely see their shares getting listed. Among these, Tata Technologies, with a soaring GMP of over Rs … Read more
The share allotment of Tata Technologies IPO is expected to be finalised tomorrow. Investors received shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check the allotment … Read more
After an overwhelming response to the IPO, the shares of Tata Technologies are in high demand in the unlisted market with the GMP as high as Rs 412. Considering the upper price band of Rs 500, the stock is expected to list at a massive premium of Rs 82% over the issue price. However, it … Read more
Siddhesh Mehta, Research Analyst, SAMCO Securities, says “if the investors are investing in the Tata Technologies IPO with the motive of listing gains, then they should not enter the IPO if there is a big gap up. But if they are entering with a long-term perspective, then the IPO is worth investing for the investors. … Read more
As many as five IPOs — Tata Technologies, IREDA, Gandhar Oil, Flair Writing and Fedbank Financial — are currently open for subscription. Among all these issues, analysts seem to be veering towards Tata Tech as they believe it is a must apply not only based on the grey market trends for listing gains but also … Read more