This company of Ratan Tata was once about to be closed, now it has become the 'Big Bull' of the stock market. - Newztezz Online


Tuesday, January 30, 2024

This company of Ratan Tata was once about to be closed, now it has become the 'Big Bull' of the stock market.

There was a time when famous industrialist Ratan Tata wanted to sell his company. But now this company is working to change the fortunes of the entire group. On Tuesday, this company has emerged as the 'Big Bull' of the stock market.

There came a time in the life of industrialist Ratan Tata when he was about to sell one of his dream companies. But when things did not work out, he invested more in that company and today this company is opening the doors of luck for the Tata Group. On Tuesday, this company made waves in the stock market and became the 'Big Bull' of the market.

Yes, here we are talking about Tata Group company 'Tata Motors' whose share price achieved the highest rise in the market today. Shares of Tata Motors reached a price of Rs 886.30, which is the highest level in the last 52 weeks. This is the same company when Ratan Tata wanted to sell it to Ford when a car like 'Tata Indica' was not performing very well. Even when this company launched 'Nano', it had to face many problems.

Maruti was also overtaken to become number-1

Along with creating a stir in the stock market, Tata Motors has also left behind the country's largest auto company Maruti Suzuki India. Total mcap of Tata Motors and Tata Motors DVR reached Rs 3.24 lakh crore. Whereas the mcap of Maruti Suzuki India is only Rs 3.15 lakh crore. However, the mcap of Tata Motors alone also stood at Rs 2.94 lakh crore today.

Shares rose more than 9% in 2 days

If we look at the share of Tata Motors, it has increased by 9% in the last 2 days. The results of the company's October-December quarter are also to come this week. Apart from this, the government is also expected to make some big announcements regarding electric vehicles in the budget this time. In such a situation, further rise in its share price is expected in the coming days, which can create a new record in the market.

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