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Shares of Tata Technologies, an arm of Tata Motors, made a dream stock market debut on Thursday, listing with a huge premium of 140 per cent, against the issue price of Rs 500.
The stock of the company which provides engineering and product development digital services listed at Rs 1,199.95, registering a sharp jump of 139.99 per cent from the issue price on the BSE. It further zoomed 180 per cent to Rs 1,400
At the NSE, it began the trade at Rs 1,200, rallying 140 per cent. The stock later jumped to Rs 1,400.
This article is published by Outlook Business & Money