Tata Investment Corporation surged 5.73 per cent to Rs 579.54 after the company announced that its board will raise Rs 448 crore through rights issue of zero coupon convertible bonds in the ratio of 1:5.

<tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The scrip opened at Rs 559.80 a share and went on to touch a high of Rs 595 and a low of Rs 592 during intra-day trades. A total of 63,473 shares of Tata Investment Corporation changed hands at the BSE. The company primarily invests in shares, debentures and securities in India and abroad. </P></p></table>


Tata Investment capitalises on rights issue proposal

DALAL STREET SPIKES

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