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There was a bumper jump in the shares of these companies, companies like Maruti and HUL were in loss

बड़ी खबर- Maruti के बाद अब महंगी हो सकती है आपकी फेवरेट Tata की कारें, जानिए क्यों और कितनी

Tata Motors shares jump

The trend of bullishness in the stock markets continued on Wednesday for the fifth consecutive trading session. Both BSE Sensex and NSE Nifty closed at new record levels. The market remained bullish as investors continued to buy stocks related to auto, power and infrastructure sectors. Mahindra & Mahindra was the biggest gainer in the Sensex shares, up by more than 5 percent. Apart from this, ITC, L&T, Tech Mahindra, Titan and Tata Steel also gained majorly.

On the other hand, Maruti, HUL, Nestle India, Axis Bank and SBI declined. BSE Vehicles, Public Services, Industrial and Electricity indices rose up to 3.46 per cent. On the other hand, the realty index remained in loss. Midcap and smallcap (stocks of medium and small companies) indices rose up to 1.56 per cent.

Big jump in Tata Motors

Tata Motors Ltd. The stock jumped 20 percent on Wednesday. Shares of Tata Motors jumped 20.43 per cent to Rs 506.75 on the BSE. During trading, it jumped 23.56 percent to a 52-week high of Rs 519.95.

On the National Stock Exchange, it jumped 20.44 percent to close at Rs 506.90. With this boom, the company’s market capitalization increased by Rs 28,538.6 crore to Rs 1,68,256.60. Tata Motors said in a statement on Tuesday that it will raise $1 billion (Rs 7,500 crore) from TPG Rise Climate for the passenger electric vehicle business. Financial companies and Reliance Industries rapidly supported the market. Investors’ eyes were on Tata Group’s shares, especially Tata Motors. The stock rose on the news of TPG’s $1 billion investment in the company’s electric vehicle arm.

tata group earnings

As of today, the market cap of the Tata Group has reached 23 and a half lakh crores. By the end of September this year, the market cap of the Tata Group was around Rs 22 lakh crore. That is, within just 10 days, this group has earned Rs.1.25 lakh crore. The biggest acceleration in this has been seen by Tata Motors. There is an increase of around 50% in Tata Motors compared to earlier.

Similarly, the share of TEML has also seen a jump of 43%. There is also a bullish trend in Tata Motors DVR and Tata Power. Tata Power has seen a rise of 41%, Tata Motors DVR 25% and Tata Invest 24%. All these are the top performing stock stocks of Tata Group.

Reliance Group’s condition

There is a constant competition between Reliance Group and Tata Group in the stock market. If we look at the figures of this month, the market cap of Reliance Group has increased by around one to 1.5 lakh crores while that of Tata Motors has been around one to 1.25 lakh crores. If we look at Wednesday’s data, there was a rise in IT stocks in the last half hour. Shares of Power, Capital Goods and Metal saw the brightest. On 27 September, the market cap of Reliance Industries Limited crossed Rs 16 lakh crore. Earlier on September 3, the market cap of Reliance Industries had jumped to Rs 15 lakh crore. On Wednesday, Maruti, HUL, Nestle India, Axis Bank and SBI declined. Shares of companies in the realty sector remained in losses.

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