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The Economic Times
The Economic Times
Debaroti Adhikary

Tata Sons IPO: Tata Chemicals, Tata Investment Corp shares tumble 3%. Here's why

The shares of Tata Chemicals and Tata Investment Corporation tumbled around 3% each after a report claimed that Tata Trusts Chairman Noel Tata has written to the Reserve Bank of India (RBI) against the potential listing of Tata Sons.

Tata Chemicals shares dropped more than 3% to close at Rs 734 apiece on the NSE, while those of Tata Investment Corporation fell nearly 3% to end the session at Rs 671.75 apiece on Monday.

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