Shares of TCS, Tata Chemicals and other Tata Group companies have witnessed sharp swings over the past few sessions as the corporate tussle between Tata Trusts and Tata Sons over N Chandrasekaran's reappointment as Chairman has intensified, with the dispute now potentially heading to court.
In Monday's session, Tata Chemicals fell more than 3% to hit a low of Rs 670, while Tata Investment Corporation declined nearly 2%. Tata Steel, Tata Motors PV, TCS and several other Tata Group stocks also traded in the red, though some pared most of their losses as the session progressed.
