Business Standard

Wednesday, December 25, 2024 | 01:36 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Tata Motors DVR surges 11% after Tata Sons buys additional shares

As of June 30, 2020, Tata Sons held 5.26 per cent stake in Tata Motors DVR

tata motors
Premium

In the past month, the stock of Tata Motors DVR has outperformed the market by surging 52 per cent

SI Reporter Mumbai
Shares of Tata Motors Differential Voting Rights (DVRs) rallied 11 per cent to Rs 62.50 on the National Stock Exchange (NSE) on Monday after its promoter Tata Sons acquired more than 5 million shares, worth Rs 30 crore, via open market on Friday.

On September 4, Tata Sons purchased 5.3 million shares, representing 1.04 per cent stake of Tata Motors DVR, at price of Rs 56.02 per share on the NSE via bulk deal, the exchange data shows. The names of the sellers were not ascertained immediately.
As of June 30, 2020, Tata Sons held 5.26 per cent stake in

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in