India's Tata Technologies soars 180% in debut trade, valued at nearly $7 billion
6 Articles
6 Articles
India's Tata Technologies soars 180% in debut trade, valued at nearly $7 billion
BENGALURU :India's Tata Technologies jumped as much as 180 per cent in its trading debut on Thursday, valuing the first Tata Group company to go public in nearly two decades at 567.94 billion rupees ($6.8 billion).The company, which provides engineering and technology services to auto, aero and heavy machiner
Tata Technologies to Boost Hot India IPO Market on Trading Debut
(Bloomberg) — India’s busy market for initial public offerings is set to get a boost as shares of Tata Technologies Ltd., the first company from the salt-to-software conglomerate to list since 2004, begin trading in Mumbai Thursday.
Tata Technologies IPO: A Promising Debut
Tata Technologies, a leading engineering research and development company, is set to make its debut on the stock exchange today through its highly anticipated Initial Public Offering (IPO). With expectations running high, industry experts predict a bumper listing for the company. The grey market pricing (GMP) suggests that Tata Technologies is trading at a premium of Rs 406, indicating a potential listing gain of 80% or more. This makes it the t…
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