This share of Tata group doubled investors’ money in 3 months, know what is the business of the company
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Tata group: Investors have special interest in the shares of Tata Group. Most of the shares of the company have given handsome returns to the investors. Rakesh Jhunjhunwala, known as the Big Bull of the market, had also expressed confidence in the Tata Group. In the last four years, most of the companies of Tata Group have registered good growth.
Tata Group: There is a stock in Tata Group which has emerged as a multibagger in three months. Tata Investment Corporation (Tata Investment Corporation)’s shares have risen by about 47 percent in last week’s trading session. This morning the company’s shares opened at Rs 3242. After this it reached Rs 3251.95 at 10.15 in the morning.
Shares of Tata Investment Corporation were trading at Rs 3232.25 with a rise of 1.20 percent i.e. Rs 38.30 at 01.05 pm on the first trading day of the week. At present the market cap of the company is around Rs 16.37 thousand crores.
Let us tell you that Tata Investment Corporation is a non-banking financial company of Tata Group (NBFC) Is. This company is registered under the investment company category of the Reserve Bank of India. The company has been investing in equity shares, debt instruments, limited and unlisted and equity related securities of companies for a long period.
The major sources of income of Tata Investment Corporation are dividends, interest and profit from sale of investments. In the last 52 weeks, the company’s shares have reached a maximum of Rs 3521. Whereas, during the same period the minimum has gone up to Rs 1,730. The company had also earned excellent profits in the last financial year.
At present, most of the companies of Tata Group are performing better. The best performing stock is of Tata Consultancy Services. Today the company’s shares are trading on NSE at Rs 3370 with a rise of 0.57 percent. Due to the company’s excellent performance last week, the market capitalization of TCS increased by Rs 109.77 crore to Rs 12,26,093.23 crore.
The performance of Tata Steel, the steel company of Tata Group, is also quite good. The company’s shares are trading at Rs 118.7 with a rise of 1.18 percent. The market cap of the company according to Tata.com is Rs 143358.58 crore.
,Disclaimer: Investing in stock market is subject to market risks. Consult your advisor before investing.,
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