Tata Tech share price: Shares of Tata Technologies Ltd were trading 0.28 per cent higher at Rs 1,085.60 in Wednesday's trade. At this price, the stock has fallen 8.03 per cent on a year-to-date (YTD) basis. Moreover, it has dropped 22.46 per cent from its all-time high value of Rs 1,400, a level seen on November 30 last year (listing day).
Tata Technologies made its debut at Dalal Street on Thursday as the Tata Group-led firm was listed at Rs 1,200 per shares, a premium of 140 per cent over its issue price at Rs 500.
"The company s global presence and expertise in engineering solutions have positioned it as a preferred partner for multinational corporations across diverse industries. Its diversified customer portfolio, robust delivery network, and emphasis on innovation further solidify its competitive advantage," Shivani Nyati of Swastika Investmart said.
The Tata Tech listing was the best listing of 2023 and also the best since November 2021. However, overall till date, some stocks have performed better than this Tata Group stock in listing gains.