Wednesday , December 25 2024

Tremendous rise in shares due to news of Tata Capital IPO


Tata 1

The news of Tata Capital’s IPO preparations has brought a big jump in the shares of Tata Investment. The news of Rs 15,000 crore IPO created a stir in the market, due to which Tata Invest shares jumped 13.40% to Rs 7407 intra-day. Although the stock softened slightly due to profit-booking by some investors, it still remains at a strong level.

Current performance of Tata Invest share

  • Today’s lead:
    Tata Invest shares are trading at Rs 7190 on BSE with a gain of 10.08%.
  • Intra-day highest level:
    The stock touched Rs 7407 intra-day, a gain of 13.40%.

One year performance of Tata Invest shares

ups and downs and earnings

  • 52-week low:
    The share price on January 2, 2024 was Rs 4170.
  • 52-week high:
    The share touched a record high of Rs 9744.40 on March 7, 2024.
  • Increase of 134%:
    In just two months it rose from Rs 4170 to Rs 9744.40.
  • Current Status:
    Currently it is trading at 26% downside from its highest level.

Tata Capital: IPO and financial performance

Importance of Tata Capital

  • Upper Layer NBFC:
    Tata Capital is classified as an upper layer non-banking financial company (NBFC).
  • Listing Essentials:
    As per rules, it has to be listed by September 2025.
  • IPO plans:
    The company is preparing to launch an IPO of Rs 15,000 crore and advisors have been appointed for this.

Performance in unlisted market

  • The price of Tata Capital in December 2023 was Rs 450.
  • By April 2024 it reached Rs 1100.
  • At present its unlisted market price is Rs 900.

FY 2024 performance

  • Revenue:
    It increased by 34% on annual basis to reach Rs 18,178 crore.
  • Net Profit:
    increased by 12% to Rs 3,315 crore.

Reasons for the rise in Tata Investment

  1. Tata Capital IPO news:
    News related to IPO attracted the attention of investors.
  2. Strong hold in NBFC category:
    Tata Capital’s financial performance and immense potential are a big attraction for investors.
  3. Boom in unlisted market:
    The rise in Tata Capital’s unlisted market price supported Tata Invest shares.

What is special for investors of Tata Invest?

Profits and prospects

  • financial stability:
    Tata Invest is directly benefiting from the strong fundamentals of Tata Capital.
  • future prospects:
    After the listing and IPO of Tata Capital, there is a possibility of further rise in the shares of Tata Invest.

risk assessment

  • After the recent rally, the phase of profit booking may continue.
  • Investors should be prepared for fluctuations in stocks.

expert opinion

  • Long-Term Potential:
    Financial experts believe that Tata Capital’s IPO plan will benefit Tata Invest shares in the long term.
  • Investment at current level:
    Experts are advising cautious investment, especially when the stock is near its all-time high.