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Tata Technologies, a subsidiary of Tata Motors (TML), made an impressive market debut on Thursday, November 30, listing at a 140% premium to the issue price of ₹500. The stock opened at ₹1,200 on the NSE and ₹1199.95 on the BSE. This is also the best listing since November 2021.
Analysts attributed Tata Tech’s bumper debut to its healthy subscription numbers, strong parentage, solid financial performance, and growth potential in the engineering services industry going forward.
This article is published by CNBCTV18