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Tata Motors DVR trailing on index exclusion

While shares of Tata Motors have gained 6 per cent, its DVR is down 1.4 per cent

Tata Motors Dvr

Samie Modak  |  Mumbai 

Tata Motors
Tata Motors

A month ago, the National Stock Exchange (NSE) had announced that it would remove Tata Motors’ Differential Voting Rights (DVRs) shares from the benchmark Nifty index. Since then, the DVR has underperformed the ordinary shares by a huge margin of 730 basis points.



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First Published: Tue, October 03 2017. 02:31 IST