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Tata Motors DVR surges 11% after Tata Sons buys additional shares

As of June 30, 2020, Tata Sons held 5.26 per cent stake in Tata Motors DVR

Topics
Tata Motors DVR | Tata Motors | Buzzing stocks

SI Reporter  |  Mumbai 



tata motors
In the past month, the stock of Tata Motors DVR has outperformed the market by surging 52 per cent

Shares of Differential Voting Rights (DVRs) rallied 11 per cent to Rs 62.50 on the National Stock Exchange (NSE) on Monday after its promoter Tata Sons acquired more than 5 million shares, worth Rs 30 crore, via open market on Friday.

On September 4, Tata Sons purchased 5.3 million shares, representing 1.04 per cent stake of DVR, at price of Rs 56.02 per share on the NSE via bulk deal, the exchange data shows. The names of the sellers were not ascertained immediately.

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First Published: Mon, September 07 2020. 09:46 IST

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