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Stocks across Tata Group came under heavy pressure on Friday last week, slipping up to 10%, with investors losing over Rs. 52,000 crore. The pressure followed escalation in the dispute over Tata Sons leadership and future structure.
Tata Chemicals shares fell nearly 10% on Friday amid a boardroom disagreement over the public listing of Tata Sons; the stock is up about 15% since the RBI directed Tata Sons on 11 September.