Ratan Tata Demise: Industrialist and philanthropist Ratan Tata died at the age of 86. He breathed his last in a Mumbai hospital on Wednesday. He was the chairman emeritus of one of India’s biggest conglomerates, Tata Sons. Check how the Tata Group shares performed on Thursday after the demise of the visionary business leader.

India’s benchmark stock market indices Sensex and Nifty settle down positively on Thursday, October 10, 2024. The 30 Sensex firms rose 144.31 points to settle at 81,611.41 points. The Nifty50 index on NSE too ended with a raise. Nifty50 was up 16.50 points to rise to 24,998.45 levels in Thursday trade.

Ratan Tata Demise: Tata Group Shares

Taking the note of BSE, here is how the major shares of Tata Group performed in Thursday trade.

Tata Consumer Products – Settle 0.47% down at Rs 1112.90 per share.
TCS (Tata Consultancy Services) – Settle 0.56% down at Rs 4228.40 per share.
Tata Steel – Settle 0.41% up at Rs 156.65 per share.
Tata Motors – Settle 1.10% down at Rs 928.85 per share.
Titan Company – Settle 1.33% down at Rs 3447.60 per share.
Tata Chemicals – Settle 4.07% up at Rs 1150.60 per share.
Tata Power – Settle 1% up at Rs 465.50 per share.
Trent Limited – Settle 1.95% down at Rs 8060 per share.
Tata Communications – Settle 0.17% up at Rs 1953.50 per share.
Tata Technologies – Settle 1.49% in green at Rs 1064.05 per share.

The news of Tata’s demise came as a late night shocker for the country. Born on December 28, 1937, in Navsari, Gujarat, Ratan Tata became the head of the conglomerate in 1991. Over the last two decades of his stewardship, he led the group into diversification and expansion in myriad sectors ranging from IT to steel, from automobiles to hospitality. He will be famously remembered for the launch of the Tata Nano in 2008 to enable car ownership to the common man.

Also Read: Who Will Succeed Ratan Tata? Will Noel Tata Or N Chandrasekaran Take Reins Of Tata Group?