This share of Tata doubled in six months, a bumper jump of 98% in the price

Tata Investment Corporation has invested in listed and unlisted equity shares, debt instruments, and mutual funds of Tata companies, among other funds. The main income of this company comes from the sale of dividend, interest and long term investments.

Shares of Tata Investment Corporation have seen a big jump

The stock of Tata Investment Corporation is growing so fast this year that investors’ money has doubled in just six months. in the period Bye This share of K has gained 98%. Tata Investment Corporation is a non-banking financial company i.e. NBFC Which does business of long term investment. There is a rise in the shares of this company because there is a huge increase in its dividend, interest and profit. This company is registered in RBI in the name of Investment Company.

If we look at the rise in the shares of Tata Investment Corporation, it has registered a jump of 46% in the last 5 days, 82% in one month and 98% in six months. The company has invested in listed and unlisted equity shares, debt instruments, and mutual funds of Tata companies, among other funds. The main income of this company comes from the sale of dividend, interest and long term investments. Tata Investment Corporation had a dividend income of Rs 74.19 crore in the first quarter of the current financial year, while profit after deducting tax was Rs 89.74 crore. In the first quarter of the same last financial year, there was a dividend income of Rs 41.26 crore and profit after tax of Rs 53.89 crore.

condition of tata companies

Looking at the recent trend, the shares of Bajaj Holdings & Investments, Aditya Birla Capital, L&T Finance Holdings are doing well. About the reason for this, experts say that in the midst of huge volatility in the market, investors are taking steps ahead and investing in such stocks which are reliable. Investments are being made in the shares of such companies which are well-known and doing well. This is the reason that every company of Tata Group is performing well in the stock market. Compared to other Tata group companies, Tata Investment Corporation has given very good returns in the last six months.

13,984 crore market cap

Tata Investment Corporation has invested in several stocks of Tata Company. This means that the investors of Tata Investments are also getting the benefits of other Tata group companies. Even though this benefit is not getting directly, but indirectly the investors do get the benefit. The market cap of Tata Investment Corporation as of September 2022 was Rs 13,984 crore. This company is also planning to invest in some new types of companies.

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how much investment in which company

Tata Investment Corporation accounted for 6.6% in automobil and auto component companies, 12.32 per cent in banks, 2.47 per cent in cement, 1.44 per cent in chemical and fertilizers, 2.21% in engineering, construction and infrastructure, 10.28 per cent in FMCG and consumer durables, financial services and 15.05 percent in Insurance and AMC, 1.85 percent in Healthcare, 3.47 percent in IT, 4.75 percent in Hotels and QSR.

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