Tata Investment hits record high, soars 29% in two weeks

Tata Investment said the company aims to remain invested in leaders in sectors, which they believe have potential to remain value accretive over the medium and long term.

Shares of Tata Investment Corporation hit a record high of Rs 2,072.15 on the BSE as the stock rallied 6 per cent in Tuesday’s intra-day trade. In the past two weeks, the stock of the Tata Group company has zoomed 29 per cent. In the last one month, it has surged 39 per cent, as compared to 1.8 per cent rise in the S&P BSE Sensex.

Tata Investment Corporation is a non-banking financial company (NBFC) promoted by Tata Sons. The company is registered with the Reserve Bank of India under the category of Investment Company. It is engaged in