Tata Technologies Shares Listed to Investors: Up 165 Percent

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1400 was listed at a premium of 140 percent against the issue price of Rs.500

The company joined the list of top seven stocks that recorded huge gains on the listing day

(Commercial Representative) MUMBAI: The expected mega listing of shares of Tata Technologies Ltd took place today. After the company issued shares at Rs 500 per share, investors were left in awe of the expected listing today. After being listed at Rs.1200 on the NSE exchange at a premium of 140 percent, the stock rose to a peak of Rs.1400 and finally closed at Rs.1326.70 at a premium of 165.34 percent i.e. Rs.826.70.

After being listed on BSE at a price of Rs.1199.95, the stock increased to Rs.1400 and finally closed at Rs.1314.25 with an increase of Rs.814.25 i.e. 162.85 percent. On BSE today, there was a turnover of Rs.375.37 crore in the company's shares in 28.48 lakh shares. While on NSE, there was a turnover of Rs.6114.06 crore in 4,65,79,444 shares. With this, Tata Technologies has joined the list of top seven stocks offering mega listing benefits to investors in the Indian stock markets. Earlier, on the listing day of Buranpur Cement shares, a jump of 286 percent was recorded in January 2008. After that, the share of Sigachi Industries Limited rose by 270 percent on the day of listing in November 2021. While the shares of Allied Computers International rose by 214 percent in November 2007.

Apart from this, the shares of Paras Defense and Space Technologies rose 185 percent on the day of listing in October 2021, Religare Enterprises 182 percent in November 2017 and Vishal Retail Limited's stock rose 179 percent on the day of listing in July 2008.

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