DSIJ Mindshare

The announcement led to stock being locked at the upper circuit limit of 5 per cent, a clear indication of the market's positive reaction. Here's a breakdown of why this announcement caused such a surge

Notably, Tata Investment Corporation saw hitting back-to-back upper circuit, emerging as a standout performer with multibagger status year-to-date. The rally was ignited by reports suggesting Tata Sons, the conglomerate's holding entity, is mulling a monumental initial public offering (IPO) to raise approximately Rs 55,000 crore

The Food Safety and Standards Authority of India (FSSAI), under the administration of the Ministry of Health and Family Welfare, Government of India, has verified the cheese used by McDonald’s India as ‘100 percent Real Cheese.’

The stock has also achieved multibagger status, soaring an impressive 7,564.38 per cent in the last three years. Over the past year alone, the stock has surged by 424.37 per cent.

Over the past year, it has surged by over 900 per cent, while in the last three months alone, it witnessed a remarkable 265 per cent increase. Looking further back, over the last three years, the stock has skyrocketed by an impressive 2,165.76 per cent.