- By Aditya Pratap Singh
- Thu, 10 Oct 2024 12:14 PM (IST)
- Source:JND
TTML Share Price: Tata Group firm TTML gained on Tuesday even though its stock value has deteriorated throughout the previous year. Financial specialists were eager to purchase the stock which went up by up to 4 percent on the day. TTML shares opened at Rs 77 on the BSE and later touched an intraday high of ₹80.20, before shutting at Rs 79.73. The 52-week high is Rs 111.48, while the 52-week low is Rs 65.29.
Ratan Tata himself laid foundation of The Tata Group's subsidiary, TTML, which has reached this level from Rs 2.60 in the last five years. During this period, it has provided an amazing return of more than 3100 percent.
TTML Share performance
TTML shares flooded in July this year, ascending by 37 per cent in only two days, the greatest level since October 2022. TTML shares have declined by almost 20 per cent in the previous year, and the stock fell by 12.81 per cent in the previous month alone. Be that as it may, notwithstanding the decrease, long-haul financial specialists have seen strong returns. The individuals who have held the stock for three years have seen a return of 82 per cent while those who have held it for five years have seen a return of 2792 per cent.
The organization last delivered a reward in 2013, offering two offers for each 15 offers, as indicated by BSE information.
For the monetary well-being of the organization, TTML detailed a net misfortune of Rs 323.40 crore in the initial quarter of the present monetary year contrasted with Rs 301.18 crore in a similar quarter a year ago. These proceeded with misfortunes are not seen as a positive sign for the organization. Financial specialists are currently sitting tight for the second-quarter outcomes for additional data about the organization’s exhibition.
Status of other Tata shares
Following the passing of Ratan Tata, Tata Motors has fallen by 0.48 per cent today. At 10:45 AM, it was at Rs 934.65. At the same time, Tata Steel gained 0.82 per cent. Tata Power climbed 2.47 percent and TCS increased 0.26 percent. Tata Technologies is also experiencing a surge today, rising 2.31 per cent to reach Rs 1072.90.
