Shares of Tata Group galloped due to the explosive listing of Tata Tech, Trent’s m-Cap crossed Rs 1 lakh crore
Business Desk: Tata Group is one of the most respected business houses of the country. Yesterday i.e. on 30th November, a company of Tata Group made a very explosive entry by getting listed in the Indian stock market and again proved that the investors’ faith in this group remains intact. There was a bumper listing of Tata Technologies shares in the domestic stock market with a premium of 140 percent. Thanks to this, Tata Tech became one of the companies making the best debut in the history of the Indian stock market through the IPO route. Shares of Tata Tech managed to get listed on BSE at Rs 1200 against the issue price of Rs 500. Although the listing of Tata Tech took place yesterday, due to the expectations of its strong opening, Tata Group stocks had already seen a great rise. In November, all the listed companies of Tata Group were seen galloping in the market.
Ratan Tata is the Chairman of Emirates of Tata Sons
Under the leadership of current Chairman Emeritus Ratan Tata, Tata Group companies have been achieving exponential growth for many years. All the 19 listed companies of Tata Group are currently making waves in the stock market. Many companies have touched their lifetime high levels this year, including Titan, Trent, Tata Motors along Tata Investment Corporation and this record high has come in the month of November itself.
Where can you see the share prices of Tata Group companies today?
Tata stocks were in a bullish trend and shares of 16 out of 19 listed companies of the group were seen trading in the green. Here you can know today’s status of shares of Tata companies which were seen during trading. However, now the stock market is closed and the closing levels of the shares have been different.
Trent touches all-time high level-market cap crosses Rs 1 lakh crore today
Tata Group’s retail sector share Trent made history today and its market cap crossed Rs 1 lakh crore intraday. Shares of Tata’s retail arm Trent hit its all-time high and made a new lifetime high of Rs 2826. On the basis of this growth, Trent has joined the big companies to achieve a market cap of Rs 1 lakh crore. In this entire year, Trent alone has registered a jump of 52 percent in its market cap. At the beginning of the year, Trent’s shares were at Rs 1358 per share, but in the entire year, it gained 107 percent and reached Rs 2816. According to BSE data, at present, there are only 62 companies in the country whose market cap is more than Rs 1 lakh crore and Trent has become one of them.