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
- Tata Capital IPO news:
News related to IPO attracted the attention of investors. - Strong hold in NBFC category:
Tata Capital’s financial performance and immense potential are a big attraction for investors. - 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.