The company’s shares are expected to get listed on the exchanges on November 30. According to market sources, Tata Technologies is commanding a premium of Rs 412 in the unlisted market. Considering the upper price band of Rs 500, the stock is likely to debut with a premium of 82%.
Recent acquisitions help shore up Tata Consumer revenue
At 14.9%, the company’s operating profit margin for the quarter was 47 basis points, or 0.47 percentage point, higher than the year-ago level, but it