Buzzing stocks: These two Tata Group stocks rallied 45 per cent in just five trading sessions!
Watch out for these two trending Tata Group stocks in tomorrow's trading session!
Bucking the weak trend in markets, the following two Tata Group stocks witnessed frenzied buying interest from investors over the last five trading sessions.
TRF - Hitting back-to-back 20 per cent upper circuits for two consecutive trading sessions, the scrip closed at a fresh 52-week high of Rs 243.75 per share on Wednesday. The shares of the company have recorded hefty gains of 44.83 per cent over the last five trading sessions. Presently, the stock trades at a PE of 14.91.
Currently promoted by Tata Steel, TRF was incorporated in 1962 as Tata-Robins-Fraser Limited. Over the past six decades, the company has expanded its material handling equipment portfolio with the introduction of new variants. It has developed an established name in processing systems required in the infrastructure development industries such as power, steel, cement, ports, and mining industries.
Tata Investment Company - Only buyers were seen in the counter today as the scrip locked at a 2 per cent upper circuit to register a fresh 52-week high of Rs 2,621.30. The stock has risen 45.24 per cent in the last five trading sessions. Tata Investment Company Ltd (TICL) is an investment company with a diversified portfolio. The majority of TICL’s investments are in high-dividend-yielding companies. Tata Sons, along with other Tata companies, currently hold a 73.38 per cent stake in TICL.
Watch out for these two trending Tata Group stocks in tomorrow's trading session!