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Tata group stock rises 11% in two days on announcing Q1 nos, stock split
SI Reporter Mumbai
Tata Investment Corporation shares jumped 9.2 per cent, on Tuesday, August 5, 2025, and logged an intra-day high at ₹7,625 per share on BSE. The stock surged for the second session and gained nearly 11 per cent.
At 10:55 AM, Tata Investment Corporation share price was up 6.89 per cent at ₹7,461 per share. In comparison, the BSE Sensex was 0.43 per cent lower at 80,669.62. FOLLOW STOCK MARKET UPDATES TODAY LIVE
Tata Investment Corporation Q1 results and stock split
The buying on the counter came after the company's board in a meeting on August 4, 2025, in market hours, announced the approval of Q1 results along with a stock split.
In Q1, the company reported an 11.6 per cent increase in consolidated profit after tax at ₹146.3 crore, as compared to ₹131.07 crore a year ago.
Consolidated total revenue from operations in the quarter under review stood at ₹145.46 crore, as against ₹142.46 crore in the year-ago period, it added.
Total expenses were marginally higher at ₹12.15 crore, as compared to ₹11.77 crore in the same quarter a year ago, the company said.
The stock split in the ratio of 1:10 was also approved by the board, where one stock of face value of ₹10 will be subdivided into 10 stocks of face value of ₹1.
"The board of directors of the company at their meeting held today i.e., on Monday, August 4, 2025, have inter alia considered and approved sub-division of the existing 1 (one) equity share of the company having face value of ₹10 each fully paid-up, into 10 equity shares having face value of ₹1 each, fully paid-up," the filing read.
The record date for the purpose of the sub-division of equity shares shall be intimated after taking the approval of the shareholders of the company.
'The present authorised capital of the company is ₹60,00,00,000, which will be divided into 60,00,00,000 ordinary shares of ₹1 each with power to increase the capital from time to time," the filing read. ALSO READ |
What is stock split?
A stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to existing shareholders. This is done without changing the company's overall market capitalisation.
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