Ever since Tata Technologies Limited filed the documents to launch the IPO, the stock market has been busy valuing the impact of Tata Technologies IPO on Tata Motors.
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If you are planning to invest to earn well, then you should buy Tata Motors shares now. You can get better returns by investing money in this IPO. soon for Tata Technologies Limited IPO of is about to come in the stock market. Because ever since Tata Technologies Limited filed the documents to launch the IPO to the general public, the stock market is busy valuing the impact of Tata Technologies IPO on Tata Motors.
According to sources, Tata Motors can sell 8,11,33,706 Tata Technologies shares in this upcoming Tata IPO. Which the auto major had acquired at Rs 7.40 per share. The stock market is expecting the public issue in the next two to three months and even though its price band has not been announced, the market is expecting huge gains for Tata Motors as it has priced Tata Technologies shares at just Rs 7.40. has been achieved at the level of Rs.
Stock market experts have advised retail investors who want to buy Tata Technologies IPO shares to start accumulating Tata Motors shares as the auto stock is likely to remain bullish in the near term.
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How will Tata Motors benefit
According to experts, Tata Technologies has not yet finalized the IPO price, but it is sure that the price of Tata Technologies IPO can be fixed at least 4-5 times from that rate. On which Tata Motors bought stake in Tata Technologies. That’s why Tata Motors is expected to get huge benefits from the IPO of Tata Technologies.
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IPO price not yet announced
Tata Technologies IPO can generate good earnings for the shareholders of Tata Motors. IIFL Securities Vice President Anuj Gupta said the Tata Technologies IPO could unlock value for Tata Motors shareholders. He said that Tata Technologies has not announced the IPO price yet, but it is sure that its market cap will be around Rs 18,000 crore to Rs 20,000 crore and based on this Tata Technologies IPO will be priced at around Rs 40 per equity share. can expect.