New Tata IPO In 2025: Why Tata Group Stocks Rallied Up To 13% On December 24?

Majority shares of Tata Group witnessed awesome buying sentiment on Tuesday, December 24, 2024, right after the news broke out of a new IPO that Tata Group is likely to launch in 2025. Right from TCS, Tata Motors, and Tata Chemicals to Tata Investment, Tata Elxsi, and Tata Consumer, the group's shares jumped more than 1% to 10%. Even hidden stocks like Indian Hotels, Trent, and Rallis India also witnessed an upside.

Tata Group Stocks On December 24:

Tata Power: The stock jumped by 1.4% to hit an intraday high of Rs 405.35 apiece, which is also near its 52-week high of Rs 494.85 apiece.

Tata Elxsi: The stock crossed its Rs 7,000 mark to hit an intraday high of Rs 7012.45 apiece on BSE. Overall, in the session, the stock jumped by 2%.

Tata Communications: The telecom arm of Tata Group also rose by 1.1% to hit an intraday high of Rs 1710.45 apiece.

Tata Motors: This automobile giant which witnessed sharp correction in the past few months, saw its one of the best single-day performance in five months. The stock has zoomed by over 3.1% to hit an intraday high of Rs 745 apiece.

Tata Chemicals: The salt-making company of the group witnessed immense buying sentiment so much so that it surged by 7% to hit an intraday high of Rs 1107.25 apiece.

Tata Consumer Products: The FMCG stock also advanced by 1.2% to hit an intraday high of Rs 912.60 apiece.

Tata Investment: This holding company of Tata Group saw the most upside to the tune of 13.4% to hit an intraday high of Rs 7407 apiece.

Tata Teleservices: Yet another telecom stock of Tata surged by 2.5% to hit an intraday high of Rs 78.80 apiece.

Tata Consultancy Services (TCS): Finally, Tata's most valued stock and flagship company, TCS was also not behind. TCS shares jumped by 1.5% to hit an intraday high of Rs 4217.30 apiece.

Trent Ltd: The retail stock of the group also crossed its Rs 7,000 mark to hit an intraday high of Rs 7076.85 apiece. Overall, the gains in Trent was about 2%.

Indian Hotels: The share price of the hotels and resorts giant of Tata zoomed by more than 1.5% to hit an intraday high of Rs 872.80 apiece, which was near its 52-week high of Rs 887.60 apiece.

Rallis India: Also, agrochemicals stock Rallis India climbed by 3% to hit an intraday high of Rs 300.60 apiece, which was near its 52-week high of Rs 378.40 apiece.

The surge in Tata stocks can be attributed to investors' cheer for the upcoming IPO in 2025. As per sources who told MoneyControl, "Work has begun on the proposed initial public offer. This is to comply with RBI's norms for 'upper layer' NBFCs. No final call has been taken on the quantum, but the deal is expected to be a big-bang one in excess of Rs 15,000 crore."

Who is Tata Capital? TCS is the flagship financial services company of the Tata Group and is a subsidiary of Tata Sons Private Limited, which is engaged in the business as a non-banking financial company.

As of October 28, 2024, the latest financial snapshot showed that Tata Capital has a loan book size of Rs 1,76,536 crore, while its profit after tax is at Rs 1,825 crore. The company has as many as 5.2 million customers, with over 900 branches.

Notably, a similar trend was witnessed in Tata stocks in early 2024, when the buzz was around Tata Sons IPO.

Tata Capital IPO could be the largest public offer of Tata Group. The last IPO launched by Tata was in November 2023, Tata Technologies which was worth Rs 3,042.51 crore in size. Tata Technologies was the latest IPO by Tata Group since 2004 when Tata Consultancy Services (TCS) IPO was launched. TCS which is now the flagship company of Tata Group, had an IPO size of Rs 4,713.47 crore.