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Tata Chemicals surges 7%, hits new high as Tata Sons buys additional stake

On Friday, December 4, Tata Sons purchased 2.57 million equity shares, representing 1 per cent equity of Tata Chemicals.

Topics
Tata Chemicals | Buzzing stocks | Markets

SI Reporter  |  Mumbai 



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In the past one month, the stock has outperformed the market by surging 66 per cent, as compared to an eight per cent rise in the Nifty50 index.

Continuing its upward movement, stock rallied 7 per cent to hit a new high of Rs 527 on the National Stock Exchange (NSE) on Monday. With today's rally, the stock has surged 16 per cent in the past two days after the promoter company, Tata Sons, bought an additional 2.57 million shares of the company for Rs 121 crore via open market.

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First Published: Mon, December 07 2020. 09:56 IST

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