Jobaaj Stories
In its inaugural day of trading, Tata Technologies witnessed an extraordinary surge, soaring by an impressive 140%. This surge positioned the company's value at a substantial 486.80 billion rupees ($5.84 billion). The stock opened at 1,200 rupees during pre-market trading, significantly higher than its IPO price of 500 rupees.
In its inaugural day of trading, Tata Technologies witnessed an extraordinary surge, soaring by an impressive 140%. This surge positioned the company's value at a substantial 486.80 billion rupees ($5.84 billion). The stock opened at 1,200 rupees during pre-market trading, significantly higher than its IPO price of 500 rupees.
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Notably, Tata Technologies marks a significant milestone as the first Tata Group entity to go public since the listing of Tata Consultancy Services (TCS.NS) in 2004. While this debut was unfolding, the Nifty 50 index (.NSEI) saw a marginal rise of 0.1%.
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The exceptional performance of Tata Technologies in its initial trading reflects robust investor interest and confidence, establishing a promising start for the company in the market.
