Shares of Tata Elxsi, TTML, Tata Power jump up to 15% in stock market today
Mumbai/IBNS: Hours after Ratan Tata's death, Tata Group stocks experienced a surge in buying activity during early trading on Thursday (Oct. 10).
Most of the group's shares were in positive territory, led by Tata Investment Corporation, which jumped 15 percent to Rs 7,545 per share.
Tata Teleservices (Maharashtra) followed with a 9 percent gain, and Tata Chemicals also saw an increase of 8.9 percent.
Other Tata companies, including Tata Elxsi, Tata Technologies, and Tata Power, also posted gains of over 3 percent.
Meanwhile, TCS shares were trading up nearly 1 percent as investors awaited its Q2 earnings report.
The nation is mourning the demise of Ratan Tata, a visionary leader who passed away on Wednesday (Oct. 9) night at the age of 86.
Tata transformed one of India’s oldest conglomerates into a global powerhouse through bold, strategic deals. Investors are honouring his legacy, with Tata Group stocks rising as a reflection of the deep respect and admiration for his contributions to the business world and his philanthropic efforts.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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