Tata Motors announced that trading of its DVR shares would stop due to their conversion into ordinary shares. For every 10 DVR shares, investors receive seven ordinary shares. Tata Motors DVR shares have provided substantial returns over the past two years. The company’s restructuring has been approved by the National Company Law Tribunal.
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,