Tata Investment Corp Surges 12% To Record High, Jumps 35% In 5 Days Ahead Of Tata Capital IPO | Markets News


Last Updated:

Tata Investment Corporation shares soared 12% to a record high on Friday, extending gains for the fifth consecutive session

Tata Investment

Tata Investment

Tata Investment Corporation shares soared 12% to a record high on Friday, extending gains for the fifth consecutive session as investor optimism builds ahead of Tata Capital’s initial public offering (IPO) next week.

The stock surged 11.98% to an intraday peak of ₹11,847 apiece on the NSE, taking its total gains to nearly 35% since September 26, the day Tata Capital announced its IPO timeline.

Stock Split Boosts Sentiment

Investor enthusiasm was further lifted by Tata Investment Corporation’s decision to split its shares in a 1:10 ratio. The record date for the stock split is set for October 14. Post-split, the face value of each share will be reduced from ₹10 to ₹1, a move aimed at enhancing liquidity and making the stock more affordable for retail investors.

Tata Capital IPO Details

Tata Capital, the non-banking financial arm of the Tata Group, is launching its ₹15,512-crore IPO on October 6, with subscriptions closing on October 8. The price band has been fixed at ₹310–₹326 per share, valuing the company at around ₹1.38 lakh crore at the upper end of the range. The anchor book bidding opens on October 3.

FII Buying Adds Momentum

Adding to the bullish sentiment, foreign institutional investors (FIIs) have steadily raised their stake in Tata Investment Corporation over the past three quarters — from 2.24% in December 2024 to 2.46% in March 2025, and further to 2.54% by June 2025. This gradual increase signals growing confidence in the company’s fundamentals and long-term growth prospects.

Share Price and Valuation Snapshot

Tata Investment Corporation’s fresh 52-week high of ₹11,847 underscores robust market enthusiasm around the stock. The company’s market capitalisation now exceeds ₹54,637 crore.

The stock currently trades at a price-to-earnings (P/E) ratio of 163.54, indicating investors are paying a premium for its earnings on expectations of continued growth. Its price-to-book (P/B) ratio stands at 1.72, suggesting the stock is valued moderately above its book value.

Over the past six months, the share price has surged by 85.9%, reflecting sustained upward momentum and growing investor confidence in the company’s outlook.

Aparna Deb

Aparna Deb

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

Click here to add News18 as your preferred news source on Google. Stay updated with all the latest business news, including market trendsstock updatestax, IPO, banking finance, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the News18 App to stay updated.
News business markets Tata Investment Corp Surges 12% To Record High, Jumps 35% In 5 Days Ahead Of Tata Capital IPO
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Read More



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *