Do you know where all the rich people are investing in India? That’s the success mantra!
Tata Technologies is one of the world’s largest and most influential companies in the digital, engineering and technology services sector. In this, Tata Motors’ share is 74.42 percent. Alpha TC’s share is 8.96 percent while Tata Capital Growth Fund’s share is 4.48 percent.
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The last time an IPO came from the Tata Group was less than 19 years ago. In 2004, Tata Consultancy Services (TCS), the country’s largest IT services company, had its IPO. Currently, TCS is the second most valuable company in the country. The market value of Reliance Industries led by legendary businessman Mukesh Ambani is Rs.1671800.7 crores. TCS is in the second place with a market capitalization of Rs.1233082.22 crores.
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On the other hand, the domestic stock market indices have been facing severe fluctuations in recent times. The Bombay Stock Exchange index Sensex fell 187 points today and continues at 60 thousand 858. National Stock Exchange index Nifty is moving at 18 thousand 100 mark with a loss of 57 points. While the power and utilities sectors fell badly, the metal sector picked up a bit.
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Tata company’s top electric car.