FIIs bought 39,124 shares: Tata-Group multibagger stock announces 1:10 stock split & PAT rockets 284% QoQ

Tata Investment Corporation Limited has announced a stock split, where each existing equity share with a face value of Rs 10 will be subdivided into 10 equity shares, each with a face value of Re 1. This move will involve an alteration to the Capital Clause of the company's Memorandum and Articles of Association. The subdivision is subject to approval from shareholders via postal ballot, as well as any necessary regulatory or statutory clearances. The record date for this stock split will be announced once all required approvals are secured.

Tata Investment Corporation Ltd operates primarily as an investment company, holding a diversified portfolio of listed and unlisted equity shares, debt instruments, and mutual funds across various industries. Registered with the RBI as an Investment Company under the NBFC category, it strategically invests in a wide range of companies, emphasising both equity and bond instruments to build its comprehensive financial holdings.

In Q1FY26, the net sales increased by 806 per cent to Rs 145 crore and net profit increased by 284 per cent to Rs 146 crore compared to Q4FY25. In FY25, the company reported net sales of Rs 304 crore and net profit of Rs 312 crore. In June 2025, FIIs bought 39,124 shares and increased their stake to 2.54 per cent compared to March 2025.

On Tuesday, shares of Tata Investment Corporation Ltd jumped 9.24 per cent to an intraday high of Rs 7,625 per share from its previous closing of Rs 6,980 per share. The company has a market cap of over Rs 36,000 crore and has been maintaining a healthy dividend payout of 59 per cent. The stock is up by 47 per cent from its 52-week low of Rs 5,147.15 per share and has given multibagger returns of 880 per cent in 5 years. The shares of the company have a triple-digit PE ratio of 120x whereas the industry PE is 26x.

Disclaimer: The article is for informational purposes only and not investment advice.