Tata Investment Corp Stock Hits Record High Ahead of Tata Capital IPO | Stock Market Today

Tata Investment Corp Stock Hits Record High Ahead of Tata Capital IPO | Stock Market Today

Market Performance

Tata Investment Corporation’s stock surged to a fresh 52-week high, drawing significant attention in today’s trading session. Investors followed the momentum closely as the company prepares for a major corporate event in the coming week.

  • Intraday High: ₹10,611.50 per share
  • Recent Gains: +20% in the session, +22% over last three sessions
  • Monthly Performance: Over the past month, the stock has gained more than 54%

Trading volumes also reflected heightened market activity, with more than 4.7 million shares exchanging hands—almost 12 times the 30-day average. A notable portion of these, over 3.36 lakh shares, were traded in 38 block deals, mostly at a premium to the previous day’s close.

Main News

The stock rally comes amid preparations for the upcoming Tata Capital IPO, which has set the market abuzz. Investors appear focused on the broader Tata Group’s financial ventures, with Tata Investment Corporation becoming a clear beneficiary of market optimism.

Adding further excitement, Tata Investment Corporation recently announced its first-ever stock split in a 1:10 ratio. The record date for the split has been fixed as October 14, a move likely to enhance liquidity and attract more retail investors.

Company Details

Tata Capital is gearing up for one of the largest public offerings of the year. Key highlights of the IPO include:

  • IPO Size: ₹15,512 crore
  • Price Band: ₹310–326 per share
  • Valuation at Upper Band: Approx. ₹1.38 lakh crore
  • Subscription Window: October 6 to October 8
  • Anchor Book Date: October 3

The IPO is expected to be a landmark event, with market participants closely monitoring every update. Tata Investment Corporation’s stock has already reacted positively, reflecting investor confidence in the group’s financial strategies.

Summary

In today’s session, Tata Investment Corp stock touched record highs, supported by corporate developments and upcoming IPO plans. Key takeaways:

  • Stock hit ₹10,611.50 intraday, marking a 52-week high
  • Gained 20% in today’s session and over 54% in one month
  • Trading volumes surged, with 4.7 million shares traded
  • Tata Capital IPO set for October 6–8 with price band ₹310–326
  • Tata Investment Corp announced a 1:10 stock split, record date October 14

This rally demonstrates strong investor interest in the company, reflecting optimism ahead of one of the year’s largest IPOs.

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