Tata Group stocks rise up to 10 pc

New Delhi :Shares of Tata Group companies saw an increase of up to 10 pc on Thursday, with Tata Chemicals and Tata Teleservices leading the gains. Ratan Tata, who was the Chairman Emeritus of Tata Sons, died on Wednesday night after playing a crucial role in the group's evolution into a worldwide conglomerate. His age was 86. Investors can show respect to Ratan Tata and the successful corporate empire he created by investing in stocks such as TCS, Tata Motors, Tata Steel, Tata Consumer, and Indian Hotels.

V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, stated that Ratan Tata played a significant role in India's growth and benefited millions of ordinary investors through his visionary leadership while focusing on the group's expansion.

Tata Investment Corporation's stock rose by 10.47 pc to Rs 7,235.80, Tata Chemicals climbed 6.26 pc  to Rs 1,174.85, Tata Teleservices Maharashtra surged by 5.84 pc  to Rs 83.77, Tata Elxsi increased by 3.37 pc to Rs 7,867.80, and Tata Power went up by 2.56 pc  to Rs 472.70 on the BSE. Shares of Tata Technologies, Rallis India, Nelco, Tejas Networks, TajGVK Hotels & Resorts, and Indian Hotels & Company also experienced an increase in their value on the stock exchange.

Furthermore, Tata Steel's stock increased by 0.91 percent, with Tata Communications up by 0.84 percent, Tata Consultancy Services by 0.21 percent, Tata Consumer Products by 0.17 percent, Voltas by 0.24 percent, and Automotive Stamplings & Assemblies by 0.23 percent on the BSE. Nonetheless, the retail company Trent, owned by Tata Group, saw a decrease of 0.90% in its shares trading at Rs 8,146.35 each. Titan also experienced a dip of 0.81 pc to Rs 3,465.80, while Tata Motors decreased by 0.40 pc to Rs 935.35 per share. In mid-session trade on Thursday, the 30-share BSE Sensex surged by 198.28 points, representing a 0.24 per cent increase, reaching 81,665.38. Investors ought to take note of the expansion of the market.