Stock Market: 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 after the demise of the visionary business leader.
India’s benchmark stock market indices Sensex and Nifty opens high on Thursday, October 10, 2024. The 30 Sensex firms trades high to rise at 81,948.50 levels in early trade. The Nifty50 index on NSE also trades high. Nifty50 was trading in green to rise to 25,117.65 levels in early trade.
Stock Market: Tata Group Shares
Taking the note of BSE, here is how the major shares of Tata Group are performing in early trades.
Tata Consumer Products – Trading in green.
TCS (Tata Consultancy Services) – Trading in green.
Tata Steel – Trading in green.
Tata Motors – Trading in green.
Titan Company – Trading in green.
Tata Chemicals – Trading in green.
Tata Power – Trading in green.
Trent Limited – Trading in red.
Tata Communications – Trading in green.
Tata Technologies – Trading in green.
(Note: This is the data from early trade on BSE and it might change with time.)
Ratan Tata: A Visionary Business Leader
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.
According to reports, Ratan Tata was rushed to Breach Candy Hospital in Mumbai following a sudden fall in his blood pressure. Tata’s health reportedly deteriorated and was shifted to the ICU. Tata breathed his last on Wednesday.
Also Read: Ratan Tata Legacy: How Was The Business Icon Honoured Worldwide – List Of Awards
