Tata Investment shares rally over 17% to cross Rs 10,000 mark for first time. What's behind the bull rush?

[hfe_template id='11223'] [ad_1]
Shares of Tata Investment Corporation surged as much as 17.5% to a new all-time high of Rs 10,391 on the NSE on Tuesday, September 30, as the deadline for Tata Sons to become a publicly listed entity ends today. Tata Sons is the holding company of India’s largest conglomerate.

The surge comes amid heightened anticipation around a potential listing. Under RBI rules, non-banking finance companies (NBFCs) classified as “upper layer” must list within three years of notification. September 30 marks the end of that window. A listing could unlock value for Tata Investment and bolster its balance sheet, although the company owns just 0.1% in Tata Sons.


The issue has sparked a rare standoff between the central bank and the group. In 2024, Tata Sons wrote to the RBI seeking NBFC registration to avoid mandatory listing. In its last communication in January 2025, the RBI said the application was “under consideration” and that Tata Sons’ inclusion on the list was “without prejudice” to the outcome — implying the deadline remained unchanged. The regulator has since stayed silent.

Investor optimism is also being fuelled by other triggers. Tata Investment owns 2.1% of Tata Capital, whose IPO opens on October 6. Tata Sons, which holds 68.51% in Tata Investment and 88.6% in Tata Capital, will be among the selling shareholders. Adding to the buzz, Tata Investment announced its first-ever corporate action — a 1:10 stock split, with October 14 as the record date.


Q1 Performance Snapshot


Last month, the company reported an 11.6% year-on-year YoY rise in its consolidated profit after tax (PAT) at Rs 146.30 crore, versus Rs 131.07 crore in the year-ago period. Meanwhile, its revenue from operations stood at Rs 145.46 crore, up from Rs 142.46 crore in Q1FY25, indicating a 2.1% YoY rise.

On a standalone basis, the company’s net profit witnessed a 23.5% YoY surge to Rs 139.22 crore, as against Rs 112.76 crore posted in the same quarter of the previous financial year, while the revenue from operations grew 21% YoY.

Read more: Rs 1 lakh crore boom! Maruti Suzuki biggest GST winner as shares rally 26%. Late to buy now?At about 1:25 pm, shares of the company were trading at Rs 10,332, higher by 16.8 from the last close on the NSE. Tata Investment shares have risen nearly 50% in the last 1 month.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Add ET Logo as a Reliable and Trusted News Source
[ad_2] Source link https://mrgaga.in/tata-investment-shares-rally-over-17-to-cross-rs-10000-mark-for-first-time-whats-behind-the-bull-rush/?feed_id=51477&_unique_id=68db9b23da9c5

Comments

Post a Comment

Popular posts from this blog

India VIX jumps 100% in one month. Could fear levels take Nifty further down?

Image
[hfe_template id='11223'] [ad_1] Volatility in Indian equity markets has surged sharply over the past month, with the India VIX nearly doubling as geopolitical tensions and global uncertainty triggered aggressive selling in equities. India VIX, often referred to as the market’s fear gauge, has jumped close to 100% over the past month, reflecting growing nervousness among investors. The spike has coincided with a sharp correction in the broader market, with the Nifty 50 declining about 8% during the same period. The escalation of tensions involving the United States, Israel and Iran has intensified market anxiety in recent days, pushing crude oil prices sharply higher and triggering a global risk-off sentiment. However, analysts note that volatility had already been building even before the conflict escalated, reflecting broader concerns around global growth, foreign capital outflows and stretched valuations in equities. The heightened uncertainty translated into a sharp ...
Read more

Can Sensex, Nifty snap 2-day fall on Monday? 7 factors that could decide market mood this week

Image
[hfe_template id='11223'] [ad_1] Benchmark indices Sensex and Nifty ended the week on a bearish note, closing over a percent lower each as a deepening selloff in IT stocks rattled investor sentiment amid mounting fears of AI-led disruption. Further, stronger-than-expected jobs data for January dampened hopes of a US Fed interest rate cut. Here are 7 factors that could decide market action in the coming week: 1.) Infosys, Wipro ADRs rebound - After a brutal two-day selloff that saw Infosys and Wipro ADRs plunge as much as 14.5%, Friday’s session brought a much-needed breather. Bargain hunting kicked in at lower levels, sparking a sharp rebound as Infosys climbed 3% while Wipro gained 4%—helping both stocks close the week on a far stronger note. International brokerage firm JP Morgan has a message for panic-stricken investors: IT services firms are the indispensable "plumbers of the tech world" and their dividend yields have now hit levels last seen only during ...
Read more

Waaree Energies shares in focus after Q4 profit rises 34% to Rs 619 crore, revenue up 36%

Image
[hfe_template id='11223'] [ad_1] Waaree Energies shares will be in focus on Wednesday after the solar panel maker reported a strong Q4 performance, with net profit rising 34.1% year-on-year (YoY) to Rs 618.9 crore for the quarter ended March 31, 2025. In the same quarter last year, the company had reported a profit of Rs 461.5 crore. Revenue from operations jumped 36.4% to Rs 4,003.9 crore, up from Rs 2,935.8 crore in the year-ago period, according to the company’s regulatory filing. EBITDA more than doubled to Rs 922.6 crore in Q4 FY25, up 120.6% from Rs 418.3 crore in the same quarter last year. The EBITDA margin improved to 23% from 14.3% a year ago. The company produced 2.06 GW of solar modules in the fourth quarter, up from 1.35 GW in the same period last year. For the full year, module production reached 7.13 GW, compared to 4.77 GW in FY24. For the full financial year FY25, revenue rose 27.62% YoY to Rs 14,846.06 crore. Profit after tax more than doubled to Rs 1,9...
Read more