Tata Group stocks slide as Tata Sons listing uncertainty weighs
Tata Group companies including Tata Chemicals, TCS and Tata Motors Passenger Vehicles fell after investors reacted to heightened uncertainty over Tata Sons’ listing and leadership.
Tata Chemicals, TCS and Tata Motors Passenger Vehicles led declines as investors reacted to uncertainty over Tata Sons’ listing and leadership. Tata Group companies lost about USD 4 billion, or Rs 38,361 crore, in combined market value on Friday, as investors reacted to heightened uncertainty over the Tata Sons’ listing.