The company has set Tuesday as the record date to determine whether shareholders are eligible for the 1:10 stock split. On demerger, each existing equity share of face value of Rs 10 will be subdivided into 10 shares of face value of Re 1 each, fully paid up.
Stock gains before record date
Shares of Tata Investment Corporation rose 3.15% on Monday to close at Rs 9,300.65, giving the company a market capitalization of Rs 47,056.91 crore. The gain comes as investors positioned themselves ahead of the record date announcement. The stock is up nearly 36% so far in 2025.
A stock split increases the number of shares in circulation while reducing their par value, making the shares more affordable and often improving market liquidity.
Long-term debt-free portfolio
Tata Investment Corporation, a Non-Banking Financial Company (NBFC), functions as a long-term investment firm with investments in a diversified mix of listed and unlisted securities. The company remains debt-free and generates its income mainly from dividends, interest and capital gains.
The portfolio includes both Tata and non-Tata companies, with a strategy focused on delivering sustainable value and preserving shareholder interests through prudent risk management. Over the last three financial years, the stock has delivered a compound annual return of 65%, reflecting strong investor confidence in the structure and exposure to the broader Tata Group ecosystem.
Also read | TCS and Tata Motors plummet to 42% from peak, wiping out more than Rs 4 lakh crore of Tata shares by 2025 amid boardroom turmoil Disclaimer: Recommendations, suggestions, views and opinions expressed by the experts are their own. These do not represent the views of the Economic Times)
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