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The Economic Times
The Economic Times
Kumar Gaurav

Tata Group stocks: TCS, Tata Motors, Tata Chemicals rally up to 20% as RBI rejects Tata Sons’ CoR surrender; Tata Sons IPO back in spotlight

Tata Group stocks, including Tata Consultancy Services (TCS), Tata Motors, Tata Steel and Titan Company, among others, rallied up to 20% on Tuesday, September 15, after the Reserve Bank of India (RBI) rejected Tata Sons’ request to voluntarily surrender its Certificate of Registration (CoR).

IT major TCS rallied over 5%, while Tata Motors CV gained 6% to Rs 320 on the NSE. Tata Chemicals was locked in a 20% upper circuit, while Tata Investment Corp gained up to 10%.

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