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Tata Mutual Fund picks up ₹37 crore in multibagger small-cap stock Mufin Green Finance via bulk deal
Tata Mutual Fund invested ₹37 crore in Mufin Green Finance, acquiring 33,00,000 shares at ₹113.23 each. This investment highlights institutional interest in EV financing, with Mufin's stock rising to ₹117.70 post-deal, reflecting strong market confidence in niche NBFCs.
Dipan Mehta cautious on FMCG, sees opportunities in Tata group, flags execution risk in Amara Raja
Dipan Mehta, Director at Elixir Equities, said lithium-ion entry improves prospects for Amara Raja Energy & Mobility, but execution remains key. He noted weak volume trends limit confidence in staples demand and suggested shifting exposure to newer consumption segments. He expects steady returns from Trent, sees improving growth in Tata Communications, and highlights EV-led opportunities for Tata Elxsi. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
IHCL completes acquisition of 51 pc stake in Brij Hospitality for Rs 222 cr
Indian Hotels Company (IHCL), a Tata Group firm, has finalized its acquisition of a 51% stake in Brij Hospitality for approximately Rs 222 crore. This strategic investment, made through IHCL and its step-down subsidiaries, now makes Brij Hospitality a subsidiary of IHCL. The deal involved purchasing shares from existing shareholders and a primary investment in Brij.
Tata Investment shares soar over 5% after Q4 results, dividend announcement: Check details
Tata Investment shares rise over 5% after a strong Q4 performance with profit jumping ~69% YoY and a ₹3.40 dividend announcement, reflecting robust investment income and shareholder returns.
Tata Investment Q4 profit jumps 69% to ₹63.8 cr; revenue surges 143%
Revenue from operations saw an even stronger expansion, climbing 143% YoY to ₹39.98 crore from ₹16.43 crore, driven by higher dividend income and gains from investments. Dividend income stood at ₹25.54 crore during the quarter, while interest income came in at ₹9.88 crore.
Deven Choksey backs power stocks, sees dips in Vedanta as buying opportunity
Deven Choksey of DRChoksey Finserv remains constructive on the power and utilities space, highlighting names like Tata Power, Adani Power and PFC as steady bets despite valuations not being cheap. He prefers large cement players over regional ones, citing scale and cost advantages. For Vedanta, he believes the recent setback is not structural and any dip could offer a buying opportunity. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Tata Investment, Tata Chemicals shares surge up to 8% after Mistry backs Tata Sons listing push
Shares of select Tata group companies moved sharply higher after Shapoorji Pallonji Mistry backed the case for listing Tata Sons, calling it a "necessary revolution" rather than a regulatory compulsion. Tata Chemicals rose as much as 8%, while Tata Investment Corporation gained around 6%, reflecting renewed investor interest in holding company and group-linked plays.
BHEL rallies 5%, Tata Power hits 52-week high; what's driving power stocks?
The Ministry of Power outlined a ₹200 trillion ($2.2 trillion) long-term investment roadmap for India's power sector over the next two decades.
Tata Steel shares in focus as firm set to merge Neelachal Ispat Nigam, invest up to $2 billion in Singapore arm
Tata Steel shares will be in focus after the company approved the merger of Neelachal Ispat Nigam and a $2 billion investment in its Singapore arm. It also plans to acquire full control of Medica TS Hospital. The moves aim to streamline operations, support global subsidiaries and enhance long-term growth.
Tata Steel merges Neelachal Ispat Nigam, plans $2-bn investment in Singapore arm
The board sanctioned the merger of Neelachal Ispat Nigam Ltd, with net assets of ₹2,365.81 crore and revenue of ₹5,701.06 crore in FY25. Shares of Tata Steel Ltd ended at ₹195.40, up by ₹8.25, or 4.41%, on the BSE today, March 17.
Stocks in news: Tata Steel, Kaynes Tech, GAIL, Somany Ceramics, TVS Motor
Indian markets continued their downward trend on Thursday. Several companies saw significant news. BofA Securities invested in Kaynes Technologies. GAIL assured uninterrupted gas supply to Bengaluru. South Indian Bank launched EPF payment services. DCM Shriram approved renewable energy investment. TVS Motor launched a new electric scooter. Tata Steel moved court over a GST demand.
Iran war boosts gold, silver appeal; Tata MF advises staggered buying
Tata Mutual Fund advises staggered investment in gold and silver as the Iran conflict fuels geopolitical uncertainty and strengthens safe-haven demand