Latest news with #TataInvestmentCorporation
Mint
7 days ago
- Business
- Mint
780% rally in 5 years! Anand Rathi sees more upside in this multibagger Tata group stock in 1-3 months. Do you own?
Multibagger Stock: Indian brokerage firm Anand Rathi Investment Services has picked Tata Investment Corporation, as they estimate a 12.3 per cent upside for the Tata Group stocks in the upcoming one to three months' time. According to the brokerage, the company's shares have been consolidating in the broad range for the last five to six months and managed to mark a 'decisive breakout' on Wednesday, 28 May 2025, fueled by strong volumes. 'The daily RSI has confirmed a range shift above the 60 level after a prolonged period, signalling bullish momentum. Additionally, the daily ADX (14) has crossed the 20 mark and is currently near 22, indicating a developing trend — with momentum likely to pick up further as it approaches the 24–25 zone,' said the brokerage firm. Tata Investment Corporation is a non-banking financial company (NBFC) that invests in listed and unlisted equity shares, debt instruments, and mutual funds. Tata Investment Corporation Ltd. (TATAINVEST): Buy at ₹ 6,400 to ₹ 6,500; Target Price at ₹ 7,300; Stop Loss at ₹ 5,990. 'Traders may look to accumulate the stock in the ₹ 6,400 to ₹ 6,500 range, with a stop loss at ₹ 5,990 and an upside target of ₹ 7,300 over the next 1–3 months,' said the analysts at Anand Rathi. Tata Investment Corporation shares closed 1.74 per cent higher at ₹ 6,411.20 after Wednesday's stock market session, compared to ₹ 6,301.65 at the previous market close. The Tata group stock has given stock market investors more than 780 per cent returns in the last five years. However, the shares also lost 1.17 per cent in the last one-year period. On a year-to-date (YTD) basis, the stock is down 5.94 per cent in 2025 but is currently trading 5.29 per cent higher in the last one-month period. According to BSE data, the shares of Tata Investment Corporation hit their 52-week high at ₹ 8,075.90 on 28 August 2024, while the 52-week low was at ₹ 5,147.15 on 17 February 2025. The company's market capitalisation (M-Cap) was at ₹ 32,437.66 crore as of the stock market close on Wednesday, 28 May 2025. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
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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.
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Business Standard
22-04-2025
- Business
- Business Standard
What lead to a rally in Gujarat Alkalies and Chemicals share? Check details
Gujarat Alkalies and Chemicals share price: Shares of Gujarat Alkalies and Chemicals gained 3.4 per cent in trade, logging an intraday high at ₹667.35 on the BSE. The up move in the stock came after the company dispatched its first consignment of Benzyl Chloride. At 1:19 PM, Gujarat Alkalies and Chemicals shares were trading 3.12 per cent higher at ₹665.05 per share on the BSE. In comparison, the BSE Sensex was up 0.25 per cent at 79,603.34. The market capitalisation of the company stood at ₹4,883.92 crore. The 52-week high of the stock was at ₹900 per share and 52-week low of the stock was at ₹484 per share. In one year, Gujarat Alkalies and Chemicals shares have lost 19 per cent as compared to Sensex's rise of 7.8 per cent. What lead to a rally in Gujarat Alkalies and Chemicals share? The company on Monday, after market hours, informed investors that it has dispatched its first consignment of Benzyl Chloride from the aforesaid Plant at Dahej. The flagging off of the first consignment was done virtually by Avantika Singh Aulakh, lAS, managing director of the company, in the presence of senior executives of Gujarat Alkalies and Chemicals and others, the filing added. Meanwhile, three products to be manufactured at the said plant--Benzyl Chloride, Benzyl Alcohol and Benzaldehyde. The company is currently in process of achieving the production of the rest two products-- Benzyl Alcohol and Benzaldehyde, which are also planned to be made available to consumers in due course. ALSO READ | Tata Investment Corporation Q4 results drag stock 3% as PAT slips 38% YoY About Gujarat Alkalies and Chemicals Gujarat Alkalies and Chemicals is a state-owned chemical manufacturer based in India. The Gujarat-based company is primarily engaged in the production of a wide range of industrial chemicals. These include caustic soda, chlorine, hydrogen peroxide, phosphoric acid, and other specialty chemicals that are widely used in industries such as textiles, paper, detergents, water treatment, and agriculture. The company also operates multiple manufacturing facilities in Gujarat and is known for adopting eco-friendly and sustainable practices in its operations.
Business Standard
22-04-2025
- Business
- Business Standard
Tata Investment slides as Q4 PAT tumbles 38% to Rs 38 crore; declares dividend of Rs 27/sh
Tata Investment Corporation declined 1.64% to Rs 6,293.35 after the company's consolidated net profit slipped 37.62% to Rs 37.72 crore in Q4 FY25, compared with Rs 60.47 crore in Q4 FY24. Revenue from operations tanked 71.2% to Rs 16.43 crore in Q4 FY25 as against Rs 57.11 crore posted in the corresponding period of the preceding fiscal. Profit before tax in Q4 FY25 stood at Rs 35.81 crore, down by 50.40% from Rs 72.21 crore in Q4 FY24. Total expenses increased by 24% YoY to Rs 10.02 crore in Q4 FY25. Employee benefits expense was at Rs 4.06 crore (down 1.93% YoY), while other expenses stood at Rs 2.40 crore (up 62.16% YoY) during the quarter. On a standalone basis, the company's net profit declined 0.17% to Rs 35.20 crore in Q4 FY25 from a net profit of Rs 35.26 crore posted in Q4 FY24. Revenue from operations fell 7.20% year on year (YoY) to Rs 51.54 crore in the quarter ended 31 March 2025. Meanwhile, the board of directors has recommended a dividend of Rs 27 per ordinary share of Rs 10 each, which shall be paid after the annual general meeting. Tata Investment Corporation is primarily engaged in the business of investment in listed and unlisted equity shares, debt instruments, mutual funds, etc., of companies in a wide range of industries. The company is an NBFC registered with the RBI under the category of investment company.
Time of India
22-04-2025
- Business
- Time of India
Tata Investment shares in focus as Q4 PAT drops 38% YoY
The shares of Tata Investment Corporation may remain in focus on Tuesday, April 22, after the company reported its fourth quarter earnings for FY25, posting a 37.6% year-on-year (YoY) decline in its profit after tax at Rs 37.72 crore. Tata Investment Q4 Results This is compared to a profit of Rs 60.47 crore reported in the year-ago period. Meanwhile, the company's revenue from operations as well as the total income also witnessed a fall of 71% YoY each. The revenue from operations stood at Rs 16.43 crore, against Rs 57.11 crore reported in the corresponding quarter of the previous financial year. The total income for Q4FY25 stood at Rs 16.61 crore. Total expenses rose to Rs 10.02 crore, up 24% from Rs 8.08 crore in Q4FY24. Additionally, the company also announced a dividend of Rs 27 per share for its shareholders. About Tata Investment Corporation Tata Investment Corporation is primarily engaged in the business of investment in listed and unlisted equity shares, debt instruments and mutual funds, etc. of companies in a wide range of industries. The company is an NBFC registered with the RBI under the category of Investment Company. Also read: Nifty Bank soars to new high on strong Q4 scores Tata Investment Corporation share price history Over the past one year, the shares of Tata Investment have declined by 6.25%, while the year-to-date (YTD) performance shows a 6.60% drop. In the last six months, the stock has fallen by 9.08%, whereas it gained 4.26% over the three-month period. However, on a one-month basis, the stock posted a marginal decline of 0.54%. On Monday, Tata Investment shares closed 1.75% higher at Rs 6,401.60 on the BSE. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
