Tata Group stocks on fire after N Chandrasekharan 5-yr term - Tata Chemicals, TIC, Tata Motors PV, Tata Teleservices
TATAMOTORS moved higher with September 17 in focus.
· LiveMint Markets
Tata Group stocks increased by 6% on September 17 after the Tata Sons board renewed N. Chandrasekaran's five-year term as executive chairman and initiated a potential listing for the group's holding company.
Key facts
- Dates in focus
- September 17
The analysis
TATAMOTORS reported movement of 6%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
For TATAMOTORS, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.
Market context
- The company directly in focus is TATAMOTORS.
- Sector exposure: Auto.
In this story
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