Tata Sons on Tuesday increased holdings in three group companies—Tata Motors, Tata Chemicals and Tata Global Beverages. The conglomerate purchased shares worth Rs 1,634 crore (amounting to over 1.3 per cent stake) in Tata Motors on the BSE from unknown sellers. The stake was bought at Rs 421.44 per share, data provided by the exchange showed. Shares of Tata Motors gained 4.6 per cent to close at Rs 424 on the BSE.
Tata Sons’ shareholding in Tata Motors stood at 34.73 per cent at the end of the June 2017 quarter. In December 2016, Tata Sons upped its stake by
