Stocks in News: Tata Technologies, Ola Electric, Nestle, HDFC Bank, Wipro

Tata Technologies Shares Fall As TPG To Sell Stake Worth Rs 654 Crore

Shares of Tata Technologies Ltd. fell over 1% on Wednesday as private equity major TPG is looking to offload stake worth Rs 654 crore through open market transactions.According to the term sheet accessed by NDTV Profit, the shares will be sold on Wednesday via a block deal by TPG Rise Climate SF Pte, the entity through which the PE firm has invested in Tata Tech. TPG is looking to offload 85 lakh shares, or 2.1% stake in Tata Technologies.The st…

Stocks in news: Tata Technologies, Ola Electric, Nestle, HDFC Bank, Wipro

Markets experienced a slight downturn amid volatility, influenced by weak cues. Tata Technologies saw TPG likely selling a stake via block deal, while Ola Electric witnessed Citigroup acquiring shares. Nestle's permanent employee count decreased despite increased capital expenditure, and Wipro secured a multiyear deal to drive growth through AI-powered tech services.