Tata Investment Corp Shares Soar to Record Rs 10,611 Amid Tata Capital IPO Buzz

ment Corporation's stock price rocketed 20% on Wednesday, smashing through the Rs 10,000 barrier to hit an intraday peak of Rs 10,611.50 on the NSE, marking a fresh 52-week high. The surge caps a blistering run, with shares up nearly 22% over the last three sessions and a staggering 54% in the past month, fueled by anticipation around Tata Capital's blockbuster IPO slated for October 6. Trading volume exploded, with over 4.7 million shares changing hands—nearly 12 times the 30-day average. Notably, 3.36 lakh shares traded in 38 block deals, mostly at premiums to the previous close, signaling strong institutional interest. Adding to the momentum, Tata Investment recently unveiled a 1:10 stock split, its first-ever corporate action, with the record date set for October 14. This move aims to enhance liquidity and accessibility for retail investors.