Tata Stock: Tata Technologies' stock debuted in November 2023, with an aim to become one of the big success stories from the Tata Group's stable. It delivered a dream listing, opening at a massive 140 per cent premium over its IPO price. Investors rushed in to buy the Tata Tech IPO, backed by India’s most trusted conglomerate. However, the Tata Tech shares have reduced from around Rs 1220 to the current value of Rs 681.05, nearly 50 per cent below their listing price.

Tata Technologies market cap

The market value of Tata Tech has eroded to Rs 27,567 crore from a peak of Rs 53,000 crore, leaving a loss of about Rs 25,000 crore. The Tata Group stock was listed at Rs 1,200 per share as compared to the IPO price of Rs 500.

Tata Technologies Shares: What went wrong?

Market analysts sai

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