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Thursday, 7 September 2023

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Business News
Gainers / Markets
& Losers / Stock Markets /  Rekha Jhunjhunwala-backed IHC …
Thu Sep 07 2023 14:36:50

Rekha Jhunjhunwala-backed
TOP GAINERS TOP LOSERS IHC and Tata
Communications,
Larsen & Toubro 2,835.1
one other Tata group stock Tata
share price 3.83%
Power touch 52-week high
2 min read 07 Sep 2023, 02:12 PM IST
Tech Mahindra share 1,269.75
price
Asit Manohar 1.73%

NTPC
Out ofshare price
Indian 235.45
Hotels, Tata Communications and Tata Power shares, Rekha
1.53%Hotels and Tata Communications shares climbed to
Jhunjhunwala-backed Indian
life time high
HCL Technologies 1,253.5
share price 1.44% Recommended For You

Power Grid 257.2


Corporation Of India 1.08%
share price

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Tata Power shares have touched 52-week high on three out of four sessions this
Active Stocks week. (Bloomberg)
Thu Sep 07 2023 14:35:02

Tata Steel share price 130.5


Stock
0.77% market today: Three Tata group stocks — Indian Hotels

Company, Tata Power and Tata Communications — have hit


NTPC share price 235.45
fresh
1.53%
52-week high during Thursday deals. Two out of these
three Tata group stocks, Indian Hotels Company and Tata
State Bank Of India Communications
576.2 belongs to Rekha Jhunjhunwala portfolio. In
share price 1.01%
Indian Hotels company Ltd, Rekha Jhunjhunwala owns
Tata Motors share 3,00,16,965
615.3 shares or 2.11 per cent stake whereas in Tata
price 0.83%
Communications Ltd Rekha Jhunjhunwala owns 52,34,687
HDFC Bank share
shares
1,608.9
or 1.84 per cent stake in the company (as per the GENIE RECOMMENDS
price 0.77% Get the best recommendations on Stocks,
shareholding pattern of the company for April to June 2023 Mutual Funds and more based on your
Risk profile!
quarter). Out of these three shares, Indian Hotels and Tata
Communications shares have hit life-time highs. LET’S GET STARTED

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Here we list out full details in regard to those three Tata group
stocks:
Indian Hotels Company
Shares of this Rekha Jhunjhunwala-backed company has been
in uptrend since last week of January. After bottoming out at
₹286.45 on 27th January 2023, this Rekha Jhunjhunwala stock
has remained an ideal 'buy on dips' stock for Dalal Street
enthusiasts.

Indian Hotels share price today opened with upside gap and
went on to hit intraday high of ₹436.45 apiece on NSE and hit
an new life-time high within few minutes of stock market's
opening bell today. This Rekha Jhunjhunwala-backed Tata
group stock has delivered to the tune of 35 per cent to its
positional shareholders in YTD time.

Tata Communications
Tata Communications shares today opened with an upside gap
and went on to hit an intraday high of ₹1,908 per share on NSE,
which is its new life time peak. This is also a Rekha
Jhunjhunwala portfolio stock in which Rekha Jhunjhunwala
owns 52,34,687 shares, which is 1.84 per cent of total paid up
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capital of the company.

Tata Communications shares have been in uptrend since


October 2022. In these ten months, this Rekha Jhunjhunwala
stock has surged from around ₹1,115 to ₹1,908 apiece levels,
delivering over 70 per cent return to its positional shareholders.

Tata Power
Tata Power share price today opened upside and went on to hit
intraday high of ₹263.25 per share on NSE, hitting new life-time
high during Thursday morning deals.

After ushering in new financial year 2023-24, this Tata group


stock has ascended from around ₹185 to ₹263 apiece levels,
delivering to the tune of 42 per cent return to its positional
shareholders. In YTD time, this Tata group stock has delivered
25 per cent return to long term investors.

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Updated: 07 Sep 2023, 02:12 PM IST

Topics
rekha jhunjhunwala Indian Hotels Co Tata Power
Tata Communications

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