Ratan Tata News: Ratan Tata completed the journey of 86 years of his life and became immortal. His name will always shine in the industry of the country and the world. Started new companies one after the other and brought them to a great position. Companies like TCS, Tata Motors and Trent are considered strong in the stock market. The name of Tata Consultancy Services (TCS) has its own identity among the world’s largest IT companies. This is also the company with the highest market cap of Tata Group.
There were reports of Ratan Tata’s ill health for the last 2-3 days. In such a situation, there was a discussion among the stock market investors about a possible fall in the shares. They felt that if anything happened to Ratan Tata, the shares would fall. What’s more, there were rumors that if Ratan Tata is no more, then the news of his demise will be given on Friday evening, so that there is no impact on the stock market. Now that industrialist Ratan Tata has left this world, what is the position of the listed companies of Tata Group in the stock market?
Also read – Ratan Tata’s best friend is 55 years younger than him? What works? what is his net worth
Today, on October 10, both the major indices of the country (BSE Sensex and Nifty50) are positive. Till the time of writing the news, Sensex was up by 261 points and Nifty-Fifty was up by 68 points. During this period, shares of most of the Tata Group companies were trading in the green. According to data of all Tata Group companies available at 5 paisa, only Tata Motors and Trent shares were down slightly. Tata Chemical was up about 5 percent. The table below contains detailed information-
| Company Name | ₹ LTP (Change %) | volume | Market Cap (in crores) |
| Indian Hotels Co Ltd | 708.50 (2.1%) | 1M | 98736.38 |
| NELCO LTD | 1025.85 (3.0%) | 54.6k | 2273.21 |
| Rallis India Ltd | 322.95 (3.0%) | 168.4k | 6094.66 |
| Tata Chemicals Ltd | 1170.60 (5.9%) | 8M | 28159.9 |
| Tata Communications Ltd | 1960.05 (0.5%) | 135.7k | 55556.48 |
| Tata Consumer Products Ltd | 1123.00 (0.5%) | 294.2k | 110595.53 |
| Tata Elxsi Ltd | 7850.75 (3.1%) | 400.1k | 47421.57 |
| Tata Investment Corporation Ltd | 7285.55 (11.3%) | 583.1k | 33133.59 |
| Tata Motors Ltd | 937.70 (-0.2%) | 6.5M | 345690.23 |
| Tata Power Company Ltd | 474.35 (2.9%) | 10.3M | 147257.22 |
| Tata Steel Ltd | 160.82 (1.1%) | 23.8M | 198562.98 |
| Tata Consultancy Services Ltd | 4272.60 (0.5%) | 384.1k | 1538754.53 |
| Titan Company Ltd | 3517.10 (0.7%) | 221.9k | 310143.66 |
| Trent Ltd | 8110.50 (-1.3%) | 192.7k | 292240.91 |
| Voltas Ltd | 1796.90 (0.6%) | 229.6k | 59112.56 |
Overall, it can be said that the rumors going on for two days were only rumors. Actually, Tata Group is not dependent on any person. The work of the entire group is looked after by a trust named Tata Sons and each company has its own rules and officers. At present the chairman of Tata Sons is N Chandrasekaran.
Tags: ratan tata, stock market, stock market
FIRST PUBLISHED: October 10, 2024, 11:22 IST