This Tata group defies market mood to rally 10%; here’s why

This Tata group defies market mood to rally 10%; here’s why

New Delhi: Shares of Nelco extended their gains on Monday despite a sharp selloff on Dalal Street. The stock hit its 10 per cent upper circuit for the second day in a row. Shares of Nelco zoomed 10 per cent, their limit for the buyer’s circuit to Rs 942.30 on Monday. The stock added 10 … Read more

Tata Power’s aim to boost profit by 4x in 5 years fails to lift its target price

Tata Power’s aim to boost profit by 4x in 5 years fails to lift its target price

NEW DELHI: Despite falling 22 per cent from its 52-week high, shares of are up a solid 84 per cent, as far as one-year return goes. The Tata Group company is aiming high, and in its analyst meet, set ambitious targets to triple its revenue and quadruple its PAT over the next five years by … Read more