The company has fixed Tuesday as the record date to determine shareholders eligible for the stock split in the ratio of 1:10. Under the split, each existing equity share of face value Rs 10 will be subdivided into 10 equity shares of face value Re 1 each, fully paid up.
Stock gains ahead of record date
Shares of Tata Investment Corporation rose 3.15% on Monday to close at Rs 9,300.65, giving the company a market capitalization of Rs 47,056.91 crore. The gain comes as investors positioned themselves ahead of the record date announcement. The stock is up nearly 36% so far in 2025.
A stock split increases the number of shares in circulation while reducing their face value, making the stock more affordable and often improving liquidity in the market.
Long-term, debt-free portfolio
Tata Investment Corporation, a Non-Banking Financial Company (NBFC), functions as a long-term investment firm with holdings across a diversified mix of quoted and unquoted securities. The company remains debt-free and generates its income primarily from dividends, interest, and capital gains.
Its portfolio spans both Tata and non-Tata companies, with a strategy focused on delivering sustainable value and preserving shareholder interests through prudent risk management. Over the past three fiscal years, the stock has delivered a compounded annual return of 65%, reflecting strong investor confidence in its structure and exposure to the wider Tata Group ecosystem.
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