Tata Tech: Tata Tech's the new superhero on Dalal Street
The sole disappointment in this spectacular season for new listings was Fedbank Financial Services (Fedfina), which remained flat on its first day of trading.
Source: indiatimes.com
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Tata Tech: Tata Tech lists at 1,200, a 140% premium to IPO price
India Business News: Applicants in the Rs 3,043-crore Tata Technologies maiden offering, who got shares of the company at Rs 500 apiece, saw their holding jump more than 2
Source: indiatimes.com
tata tech share price: Tata Technologies shares tank 8% as investors book profits after blockbuster listing
The selling pressure in Tata Tech's stock was amid high volumes with over 62.76 shares changing hands on the NSE at 9:50 am. The price correction also ensured its market cap slipped below its peer Tata Elxsi.
Source: indiatimes.com
IPO market: Atul Mehra explains what has changed in the IPO market and magical listings
“In Tata Technologies today, around 65 lakh shares got traded in the market. If 65 lakh shares have traded, that means there have been sellers and more importantly there have been buyers at these prices. So, you have to respect the price. As they say in Hindi, bhav bhagwan hai, price is a reflection of the ultimate truth.”
Source: indiatimes.com
Tata Tech shares crash 8% amid profit booking; m-cap slips below Rs 50,000 crore mark
Tata Technologies made its debut at Dalal Street on Thursday as the Tata Group-led firm was listed at Rs 1,200 per shares, a premium of 140 per cent over its issue price at Rs 500.
Source: businesstoday.in