Tata Investment shares-the multibagger NBFC of the Tata Group-are in a bull run. The stock has risen 48% since September 22. The Tata Group stock, which has zero debt was in news on September 22 after board of the firm declared October 14 as record date for stock split. The board cleared a stock split in a ratio of 1:10 during the company's Q1 earnings. Advertisement
Tata Investment stock has rallied 227.77% in two years, 365% in three years and 1175% in five years.
In the current session, the multibagger stock hit a record high rising 5.38% to Rs 10,963 on BSE. Total 1.85 lakh shares changed hands amounting to a turnover of Rs 199.27 crore on BSE. Market cap of the firm stood at Rs 54,223 crore.
The multibagger stock is overbought on charts with a RSI of 84.5. The RSI has crossed the