Tata Investment Corporation's Stock Sees Positive Growth, Outperforms Sector on October 10

Oct 10 2024 09:45 AM IST
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Tata Investment Corporation, a leading NBFC in the largecap industry, saw a 7.45% increase in its stock price on October 10, outperforming the sector by 3.15%. According to MarketsMojo, the stock call is 'Hold', indicating expected maintenance of current performance. The stock is currently trading above its moving averages and has outperformed the market in the past month.


Tata Investment Corporation, a leading finance and non-banking financial company (NBFC) in the largecap industry, has seen a positive growth in its stock price on October 10, 2024. The stock has gained 7.45%, outperforming the sector by 3.15%.

According to MarketsMOJO, a leading stock market analysis platform, the stock call for Tata Investment Corporation is 'Hold'. This suggests that the stock is expected to maintain its current performance and investors are advised to hold onto their shares.

On the day of October 10, Tata Investment Corporation's stock touched an intraday high of Rs 6790, showing a 3.66% increase. The stock is currently trading higher than its 5-day, 50-day, 100-day, and 200-day moving averages, but lower than its 20-day moving average.

In comparison to the overall market performance, Tata Investment Corporation has outperformed the Sensex by 7.23% on October 10, with a 1-day performance of 7.45% for the company and 0.22% for the Sensex. Similarly, in the past month, Tata Investment Corporation has performed better than the Sensex with a -0.24% growth compared to the Sensex's -0.33%.

Overall, Tata Investment Corporation's stock has shown a positive growth and is expected to maintain its current performance. Investors are advised to hold onto their shares and keep an eye on the company's future developments.
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