Why rally in Tata Motors share may continue before Tata Technologies IPO launch — explained3 min read 10 Jun 2023, 08:23 AM IST
Tata Motors shares have surged more than 30% to ₹562 per share since Tata Technologies filed a DRHP for its IPO
Tata Technologies IPO effect: Tata Motors shares have been in uptrend once Tata Technologies Ltd filed DRHP (Draft Red Herring Prospectus) at SEBI. It is exactly three months since the IT company filed DRHP for Tata Technologies IPO and in these three months, Tata Motors share price has surged from ₹430 apiece levels to ₹562 per share mark, logging more than 30 per cent rise in this time. However, experts believe that Tata Motors shares may continue the uptrend as market is expecting huge benefit for Tata Motors after the launch of Tata Technologies IPO.
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