Latest news with #TataInvestment
Economic Times
05-08-2025
- Business
- Economic Times
Tata Investment shares rally 9% after board approves first-ever stock split
Tata Investment Corporation shares surged over 9% after the board approved its first-ever 1:10 stock split to enhance liquidity and retail participation. The move accompanied Q1FY26 results, showing an 11.6% rise in PAT. Technically, the stock remains bullish, trading above all key moving averages and showing strong momentum indicators. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Stock moves and technical Shares of Tata Investment Corporation climbed as much as 9.2% on Tuesday to Rs 7,625 on the BSE after the company's board approved its maiden stock split in a move aimed at improving liquidity and accessibility for retail investors. The announcement came alongside its June quarter results, which showed a double-digit rise in board of Tata Investment Corporation on Monday approved the sub-division of its equity shares in a 1:10 ratio, from one share with a face value of Rs 10 to ten fully paid-up equity shares with a face value of Re 1 its exchange filing, the company said the stock split was designed 'to make the equity shares of the company more affordable for the retail investors and to encourage wider participation in the company's ownership'. The Tata Group-firm said that the sub-division is expected 'to improve the liquidity of the equity shares of the company in the stock market'.The decision is subject to shareholder approval via postal ballot, in addition to any required statutory or regulatory clearances. The company said it would announce the record date for the stock split 'in due course', once all approvals are in is the first time Tata Investment has undertaken a stock split since listing. The company last offered bonus shares in 2005, in a 1:2 ratio, according to Trendlyne Investment also reported its financial results for the quarter ended June 2025. Consolidated profit after tax rose 11.6% year-on-year to Rs 146.30 crore, compared to Rs 131.07 crore in the same period last year. Revenue from operations stood at Rs 145.46 crore, up 2.1% from Rs 142.46 crore in stock has advanced 6.1% year-to-date and is up 21.6% over the past 12 months. In the last one month alone, it has gained nearly 8%.From a technical perspective, Tata Investment shares are trading above all eight of their key simple moving averages, including the 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day levels, signalling sustained bullish momentum across Relative Strength Index (RSI) is at 65.2, indicating that the stock is approaching overbought territory but remains within a neutral range. Meanwhile, the Moving Average Convergence Divergence (MACD) stands at 43.1 and continues to hover above both the centerline and signal line, underscoring the strength of the ongoing Read: Sri Lotus Developers IPO: Latest GMP suggests SRK, Big B and Ashish Kacholia may pocket 28% gains (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
05-08-2025
- Business
- Time of India
Tata Investment shares rally 9% after board approves first-ever stock split
Tata Investment Corporation shares surged over 9% after the board approved its first-ever 1:10 stock split to enhance liquidity and retail participation. The move accompanied Q1FY26 results, showing an 11.6% rise in PAT. Technically, the stock remains bullish, trading above all key moving averages and showing strong momentum indicators. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Stock moves and technical Shares of Tata Investment Corporation climbed as much as 9.2% on Tuesday to Rs 7,625 on the BSE after the company's board approved its maiden stock split in a move aimed at improving liquidity and accessibility for retail investors. The announcement came alongside its June quarter results, which showed a double-digit rise in board of Tata Investment Corporation on Monday approved the sub-division of its equity shares in a 1:10 ratio, from one share with a face value of Rs 10 to ten fully paid-up equity shares with a face value of Re 1 its exchange filing, the company said the stock split was designed 'to make the equity shares of the company more affordable for the retail investors and to encourage wider participation in the company's ownership'. The Tata Group-firm said that the sub-division is expected 'to improve the liquidity of the equity shares of the company in the stock market'.The decision is subject to shareholder approval via postal ballot, in addition to any required statutory or regulatory clearances. The company said it would announce the record date for the stock split 'in due course', once all approvals are in is the first time Tata Investment has undertaken a stock split since listing. The company last offered bonus shares in 2005, in a 1:2 ratio, according to Trendlyne Investment also reported its financial results for the quarter ended June 2025. Consolidated profit after tax rose 11.6% year-on-year to Rs 146.30 crore, compared to Rs 131.07 crore in the same period last year. Revenue from operations stood at Rs 145.46 crore, up 2.1% from Rs 142.46 crore in stock has advanced 6.1% year-to-date and is up 21.6% over the past 12 months. In the last one month alone, it has gained nearly 8%.From a technical perspective, Tata Investment shares are trading above all eight of their key simple moving averages, including the 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day levels, signalling sustained bullish momentum across Relative Strength Index (RSI) is at 65.2, indicating that the stock is approaching overbought territory but remains within a neutral range. Meanwhile, the Moving Average Convergence Divergence (MACD) stands at 43.1 and continues to hover above both the centerline and signal line, underscoring the strength of the ongoing Read: Sri Lotus Developers IPO: Latest GMP suggests SRK, Big B and Ashish Kacholia may pocket 28% gains (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
05-08-2025
- Business
- Time of India
Godfrey Phillips India shares in focus after 56% YoY jump in Q1 profit, 2:1 bonus issue announcement
Shares of Godfrey Phillips India are expected to be in the spotlight on Tuesday, August 5, after the company reported a 56% year-on-year (YoY) rise in consolidated net profit for the quarter ended June 2025, alongside announcing a 2:1 bonus share issuance . In a regulatory filing, the cigarette maker said its consolidated net profit rose to Rs 356.28 crore in Q1 FY26, up from Rs 228.55 crore in the same quarter last year. The surge in profitability was attributed to higher sales during the period. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Along with the earnings announcement, the company's board approved the issuance of bonus equity shares in the ratio of 2:1, meaning shareholders will receive two bonus shares for every one share held. The record date to determine shareholder eligibility has been set for September 16, according to the company's filing. The bonus issue is typically viewed as a sign of management's confidence in the company's financial strength and is aimed at enhancing shareholder value by improving liquidity in the stock. Live Events The twin announcements—robust earnings growth and a shareholder-friendly bonus issue—are expected to generate significant investor interest in Tuesday's trading session. Godfrey Phillips India is one of the country's leading cigarette manufacturers. It operates in the fast-moving consumer goods (FMCG) segment, with a growing footprint in branded retail and tobacco products. Its June quarter performance reinforces the broader trend of earnings resilience within the consumer sector. On Monday, the shares of Godfrey Phillips India closed 2.5% higher at Rs 8,992.05 on BSE. Also read: Tata Investment announces first-ever stock split in 1:10 ratio; check details on record date ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Mint
04-08-2025
- Business
- Mint
Tata Investment stock split: Board approves sub-division of shares in 1:10 ratio. Check details
Tata Investment stock split: The Tata Group firm — Tata Investment Corporation — on Monday, August 4, announced its board approval of a stock split in the ratio of 1:10. The company's board of directors also approved the financial results for the first quarter of the ongoing fiscal year, along with sub-division of shares. As a result, Tata Investment share price spiked 4% in intraday deals. The company said its board approved the sub-division of one equity share of the company having a face value of ₹ 10/- each fully paid-up, into 10 equity shares having a face value of ₹ 1/- (Rupee One only) each, fully paid-up. The company will undertake the stock split by alteration of the Capital Clause of the Memorandum of Association of the Company and the relevant capital clause in Articles of Association of the Company, subject to approval of the Shareholders by way of Postal Ballot and any regulatory/statutory approvals, as may be required under applicable laws, it said in a filing with the exchanges today.
&w=3840&q=100)
Business Standard
22-04-2025
- Business
- Business Standard
Tata Investment Corporation Q4 results drag stock 3% as PAT slips 38% YoY
Tata Investment share price today: Shares of Tata Investment lost 2.7 per cent in trade, logging an intraday low at ₹6,227.55 on the BSE. The stock slipped after the company released its Q4FY25 results. At 1:19 PM, Tata Investment shares were trading 1.98 per cent lower at ₹ 6,275 per share on the BSE. In comparison, the BSE Sensex was up 0.28 per cent at 79,627.22. The market capitalisation of the company stood at ₹31,813.82 crore. The 52-week high of the stock was at ₹8,075.9 per share and the 52-week low of the stock was at ₹ 5,147.15 per share. Tata Investment Corporation Q4 results The company in its fourth quarter under review reported a consolidated net profit of ₹37.72 crore as compared to ₹60.47 crore a year ago, translating to a decline of 37.6 per cent year-on-year (Y-o-Y). Its revenue for the quarter stood at ₹16.43 crore as compared to ₹57.11 crore a year ago. Tata Investment Corporation dividend The company's board also recommended a dividend of ₹27 or 270 per cent per share of ₹10 each, which shall be paid after the annual general meeting (AGM), subject to approval of the shareholders of the company at the ensuing AGM. Apart from the dividend, Tata Investment's board also gave a nod to the re-appointment of Rajiv Dube as an Independent Director of the company for a second term of 5 years with effect from October 15, 2025. ALSO READ | "The board of directors have, based on the recommendation of the Nomination and Remuneration Committee, approved the reappointment of Rajiv Dube as an Independent Director of the Company for a second term of 5 years with effect from October 15, 2025, subject to approval of shareholders," the filing read. About Tata Investment Corporation Tata Investment invests in a diversified portfolio of quoted and unquoted securities of companies, including Tata Companies, which are engaged in various businesses with a history of strong operating and financial performance. The typical investment approach of the Company will be to seek a combination of value and growth, according to its official website.
