Tata Investment Corporation Ltd

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NSEBSE

8027.05382.20 (5.00%)

12:00 AM,2nd Mar 2024

8016.85381.75 (5.00%)

12:00 AM,2nd Mar 2024

BSE : 501301

NSE : TATAINVEST

Sector : Financials

ISIN Code : INE672A01018

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Last Updated: Mar 02 2024 | 12:00 AM IST

Market Cap (₹ Cr)

40616

Turnover (₹ Cr)

1.85

Volume (Shares)

23019

Face Value

10

52-WK High

8027.05

52-WK High Date

02 Mar 2024

52-WK Low

1730.00

52-WK Low Date

31 Mar 2023

All Time High

8027.05

All Time High Date

02 Mar 2024

All Time Low

34.87

All Time Low Date

15 Oct 2001

Tata Investment Corporation Ltd

Tata Investment Corporation is a non-banking financial company (NBFC) promoted by Tata Sons Private Limited. The Company is registered with the Reserve Bank of India under the category of Investment Company. It is engaged in the business of investment in listed and unlisted equity shares debt instruments of companies in a wide range of Industries and in mutual funds. The company together with Tata Sons is a promoter of the Tata Mutual Fund. The company is also the principal shareholder of Tata Securities Ltd a company engaged in the distribution of mutual funds and other investment-related securities. As at March 31 2008 the book value of the company's portfolio of investments was Rs 8881.91 million whereas the total of market value of quoted investments and the book value of unquoted investments as at March 31 2008 was Rs 27780.30 million. As at March 31 2008 these investments were spread over 183 companies engaged in various sectors of industry and business.Tata Investment Corporation was incorporated in the year March 05 1937 as the Investment Corporation of India Ltd. The Company was formed to work as an Investment Corporation for investments in land acquisition of stocks debentures etc. in India or elsewhere and for business of underwriting of new leave space business and also for taking over the management and control of companies.In the year 1957 The Oriental Government Security Life Assurance Co Ltd was amalgamated with the company with effect from July 1 1957. In March 1959 the company became one of the few investment companies in India with public shareholding when they listed their equity shares on the BSE. During the period 1950-1960 the company's main activities included promotion of long-term investments as well as to assist in promotion of new ventures by Indian entrepreneurs where the company would hold a minority stake. During the period 1960-1970 the company's activities underwent a gradual transformation when they primarily began to operate as an investment company with a diversified portfolio of equity investments.In the year 1992 the company became one of the first private sector companies to be a member of the OTC Exchange of India Ltd. The company established Tata Mutual Fund during the same year. In September 18 1995 the name of the company was changed to Tata Investment Corporation Ltd. In June 24 1998 the company was listed on the NSE.During the year 2004-05 the company acquired 49.9% shareholding held by TD Waterhouse Group incorporated in Tata TD Waterhouse Securities Pvt Ltd. The balance 50.1% was already held by two other Tata companies. The name of the Tata TD Waterhouse Securities Pvt Ltd has been changed to Tata Securities Pvt Ltd. This company is engaged in distribution of mutual funds and other finance-related products. Tata Sons Ltd. acquired 5000000 Equity Shares of the Company from Tata Chemicals Ltd. and the Company became a subsidiary of Tata Sons Ltd with effect from February 13 2008.The Board of Directors of the Company at its meeting held on 16th November 2018 had approved buyback up to 4500000 equity shares of Rs. 10 each on a proportionate basis at a price of Rs. 1000 per equity share payable in cash for an aggregate consideration not exceeding Rs. 450 crores by way of a Tender Offer route through Stock Exchange Mechanism. The Company completed the Buy back and 4500000 shares were extinguished on 22nd February 2019.

Tata Investment Corporation Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

40616

EPS - TTM (₹) [S]

55.31

P/E Ratio (X) [S]

1.73

Face Value (₹) 10
Latest Dividend (%)480.00
Latest Dividend Date 12 Jun 2023
Dividend Yield (%) 0.60
Book Value Share (₹) [S]4647.52
P/B Ratio (₹) [S]1.73
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Groww Nifty Total Market Index Fund-Regular (G) 0.04 80 0.04
Groww Nifty Total Market Index Fund-Direct (G) 0.04 80 0.04

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

7800.00

8027.05

Week Low/High

6636.00

8027.00

Month Low/High

5151.00

8027.00

Year Low/High

1730.00

8027.00

All time Low/High

25.56

8027.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week17.80%17.92%0.910.75%
1 Month41.31%41.31%2.392.40%
3 Month93.78%93.93%9.3710.41%
6 Month227.35%227.56%12.8815.14%
1 Year298.69%298.48%25.2929.19%
3 Year597.88%600.01%46.7450.00%

Company Info

Company Information

Chairman (Non-Executive) : N N Tata

Vice Chairman : F N Subedar

Executive Director : A N Dalal

Company Sec. & Compli. Officer : Manoj Kumar C V

Director : Suprakash Mukhopadhyay

Independent Director : Abhijit Sen

Independent Director : V Chandrasekaran

Independent Director : Rajiv Dube

Independent Director : FARIDA DARA KHAMBATA

Registered Office: Elphinstone Building, 10 Veer Nariman Road,Mumbai,Maharashtra-400001 Ph: 91-22-66658282

Email:ticl@tata.com

URL:http://www.tatainvestment.com