Page 5 - Tata Tech News Today

Advice for investors: Looking to make a quick buck from new listings is not a bad idea, but all public issues do not qualify for this strategy. This strategy works when market momentum is very strong and the general narrative around the company is also positive

India Business News: Tata Group stocks in 2023: The Tata Group, led by N Chandrasekaran, has witnessed a significant increase in market capitalization, making investors we

N Chandrasekaran-led Tata Group continued to make investors richer on Dalal Street in 2023 as the combined market capitalisation of 27 Tata stocks rose by about Rs 613,000 crore in the calendar year when the storied conglomerate delivered at least three multibaggers with returns going as high as 218%.

Its the largest manufacturer of gathiya in India, but is the company too reliant on one brand and one state?

Devang Mehta says: “I have never seen this type of manufacturing revolution. My sense is, for a lot of these ancillary power companies, earnings are still to come. A lot of these companies have rerated on the price to earnings (PE) basis. Otherwise, you will find a lot of companies at 40, 50, 60, 80 PE.”

India Business News: Motisons Jewellers, an Ahmedabad-based jewellery company, witnessed a remarkable response to its Initial Public Offering (IPO). The stock debuted at R

Motisons Jewellers share price: The Rs 151-crore IPO received 47.44 lakh applications, making it the third highest in the number of applications received in an IPO ever after Tata Tech which received 75 lakh and LIC with 50 lakh applications. The public issue of Ahmedabad-based jewellers was subscribed 159.61 times.

Midcaps saw good participation from retail, HNI and mutual funds in 2023.Midcaps might not keep up with their outperformance in 2024, but investor interest

The much-awaited IPO of Tata Technologies undoubtedly earns the award of best debutant of 2023. The stock not only doubled on listing day itself but is still trading around 148% higher from the issue price. The Rs 3,034-crore IPO also managed to break LICs record by garnering a record number of 73.58 lakh applications.

Aditya Birla Sun Life MF, Axis MF, DSP MF, Franklin Templeton MF, ICICI Prudential MF, Kotak MF, Nippon India MF, Motilal Oswal MF, Mirae, Sundaram, JM and SBIMF shopped for Tata Tech, a Nuvama report said. They added shares worth Rs 1,120 crore.