Tata Investment Shares: Tata Investment Share Price NSE Ltd
Today shares of Tata Investment opened at Rs 8377 and jumped by Rs 401.15 to reach Rs 8428.40. Its 52-week low is Rs 1730. It has jumped almost 5 times from this low.
The Cabinet said okay to Tata Semiconductor Assembly and Test Pvt Ltd’s plan to build a chip assembly and testing factory in Assam. They’ll spend Rs 27,000 crore on it. This is Assam’s first time investing in a semiconductor packaging plant. Assam government and Tata Group will build it together.
Tata Investment Shares Highlights
Tata Group’s stock Tata Investment has been flying for the last 15 days. It has given returns of more than 60 percent during this period. Today the stock has hit an upper circuit of 5 percent and has reached a 52-week high of Rs 8428.40. Today Tata Investment shares opened at Rs 8377 and rose by Rs 401.15 to reach Rs 8428.40. Its 52-week low is Rs 1730. It has jumped almost 5 times from this low.
Tata Investment Shares Profit every share in two months
It has given returns of more than 18 percent in the last five days. Whereas, in the last one month it has given returns of more than 52 percent. It has given multibagger returns of 242 percent in just six months. If we talk about this year, it has almost doubled the money of its investors in about two months. During this period, it has registered a jump of 97.91 percent. That means a profit of Rs 4169.70 has been given on every share. If someone had invested Rs 1 lakh in Tata Investment shares a year ago, then his money has now become Rs 4.15 lakh.
Tata Investment Shares reached Rs 8428.40 from Rs 72.67
Shares of Tata Investment have jumped 11498% in the last 25 years to reach Rs 8428.40. On January 6, 1999, this stock was Rs 72.67. It has given a whopping return of 905% in five years.
Tata Investment Shares Holding Pattern
Talking about the share holding pattern, the promoters’ stake in it is 73.38 percent. There has been no change in this in the last one year. In this, foreign institutional investors have increased their stake from 1.02 percent to 1.20 percent as of March 31, 2023. Talking about domestic institutional investors, they have also increased their stake from 0.42 percent to 0.44 percent. Others have 24.98 percent.
About Tata Investment Corporation Ltd
Tata Investment Corporation Limited was started by Tata Sons Ltd. in 1937 as The Investment Corporation of India Limited. It was a privately-owned company until 1959 when it became one of the few investment companies open to the public on the Mumbai Stock Exchange. In the 1960s and 1970s, the company’s focus shifted from helping start new businesses to becoming an investment company with a variety of investments.
In February 2008, Tata Sons Ltd. made Tata Investment Corporation Limited its subsidiary. As of March 31st, 2018, Tata Sons and other Tata companies own around 72.98% of Tata Investment Corporation Limited’s shares.
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