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Front-line Tata stocks play out welcome song for new chief

Rise 9-17%, fuelling hope Chandrasekaran's elevation could amount to a game changer

Bombay House
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Hamsini Karthik
Ever since the first whiff of N Chandrasekaran’s imminent rise, Tata group's front-line stocks have been rallying on hopes that his elevation to chairman of Tata Sons could amount to a game changer. Experts say the ascension not only brings about clarity on how the group will function ahead, but also opens up the possibility of lifting profits once again. “Though Chandra is seen as a typical Tata-trained man, I'm sure he will replicate Tata Consultancy Services' success in other group companies,” a chief executive of a domestic brokerage says. “If Tatas can break from the tradition of a non-Parsi