Tata Investment Corp Jumps 12% to Record High Ahead of Tata Capital IPO, Stock Split Buzz

Shares of Tata Investment Corporation surged nearly 12% to an all-time high of ₹11,847 on Friday, marking a five-session winning streak, as investors cheered the upcoming ₹15,512-crore Tata Capital IPO. Since September 26, when the IPO date was fixed, the stock has rallied 35%. However, the rally cooled intraday, with shares closing 4.77% lower at ₹10,075 on the NSE. Tata Investment Corp holds a 2.2% stake in Tata Capital, while Tata Sons owns nearly 93% of the NBFC. Investor enthusiasm was also fueled by Tata Investment’s decision to split its shares 1:10, reducing the face value from ₹10 to Re 1. The record date is set for October 14, a move expected to boost liquidity and make the stock more attractive for retail investors. Tata Capital’s IPO, opening October 6–8, is priced at ₹310–326 per share, valuing the NBFC at around ₹1.38 lakh crore at the upper band. The anchor book opens on October 3. #TataInvestment #TataCapitalIPO #StockSplit #StockMarket #IPO #NBFC #TataGroup