Tata Group is one of India’s largest and most trusted conglomerates, with interests in various industries like cars, steel, IT services, and more. Some of its well-known companies include Tata Motors, TCS, and Tata Steel. Recently, the stock prices of Tata Group companies have fallen by as much as 64 percent from their 52-week high.
Many years ago, the famous stockbroker Harshad Mehta recommended investing in Tata Group stocks, believing they would provide strong returns in the future. Today, with the stocks trading at a discount, it might be worth considering whether this could be a good time to follow his advice and invest in Tata Group for potential growth ahead.
Here are 10 Tata Group stocks trading below up to 64 percent from the 52-week high
Automobile Corporation Of Goa Limited
With a market capitalization of Rs. 760.77 crore, the shares of Automobile Corporation Of Goa Limited were currently trading at Rs. 1249.50 per equity share, down nearly 2 percent from its previous day’s close price of Rs. 1275. The stock is currently trading at 63.77 percent of its 52-week high of Rs. 3,449.
Automobile Corporation of Goa Limited (ACGL) was established in 1980 and manufactures automotive components and assembles vehicles like buses and trucks. It works closely with companies like Tata Motors to produce high-quality vehicles for the transportation industry.
Automotive Stampings & Assemblies Limited
With a market capitalization of Rs. 687.64 crore, the shares of Automotive Stampings & Assemblies Limited were currently trading at Rs. 433.45 per equity share, down nearly 7.68 percent from its previous day’s close price of Rs. 469.50. The stock is currently trading at 60.38 percent of its 52-week high of Rs. 1,094.
Automotive Stampings & Assemblies Limited (ASAL) was established in 1986 and manufactures auto components like stamped parts, assemblies, and welded components. The company supplies to major automobile manufacturers, including Tata Motors, providing high-quality parts for vehicles.
Tata Teleservices (Maharashtra) Limited
With a market capitalization of Rs. 10,351.34 crore, the shares of Tata Teleservices (Maharashtra) Limited were currently trading at Rs. 52.95 per equity share, down nearly 8.47 percent from its previous day’s close price of Rs. 57.85. The stock is currently trading at 52.50 percent of its 52-week high of Rs. 111.48.
Tata Teleservices (Maharashtra) Limited was established in 1996 and provides telecommunication services in Maharashtra and Goa. It offers mobile, broadband, and enterprise solutions to customers. The company is a part of the Tata Group and aims to deliver reliable and affordable communication services.
Tata Motors Limited
With a market capitalization of Rs. 2,08,456.37 crore, the shares of Tata Motors Limited were currently trading at Rs. 566.25 per equity share, down nearly 7.75 percent from its previous day’s close price of Rs. 613.85. The stock is currently trading at 51.97 percent of its 52-week high of Rs. 1,179.05.
Tata Motors Limited was established in 1945 and is a leading Indian automotive manufacturer. It produces a wide range of vehicles, including cars, trucks, buses, and electric vehicles. The company is part of the Tata Group and is known for brands like Tata Nexon and Jaguar Land Rover.
TRF Limited
With a market capitalization of Rs. 363.17 crore, the shares of TRF Limited were currently trading at Rs. 330 per equity share, down nearly 6.96 percent from its previous day’s close price of Rs. 354.70. The stock is currently trading at 50.75 percent of its 52-week high of Rs. 670.
TRF Limited was established in 1962 and is a leading Indian company that designs and manufactures material handling equipment like conveyors, crushers, and screens. It serves industries such as mining, steel, and power, providing high-quality solutions for efficient material transportation.
Tejas Networks Limited
With a market capitalization of Rs. 13,714.36 crore, the shares of Tejas Networks Limited were currently trading at Rs. 785 per equity share, down nearly 6.96 percent from its previous day’s close price of Rs. 841.60. The stock is currently trading at 47.50 percent of its 52-week high of Rs. 1,495.10.
Tejas Networks Limited was established in 2000 and is an Indian company that designs and manufactures high-performance networking products. It provides solutions for telecommunications and broadband networks, including routers, switches, and optical transmission equipment. The company focuses on delivering advanced technology for global connectivity.
Tata Elxsi Limited
With a market capitalization of Rs. 29,538.25 crore, the shares of Tata Elxsi Limited were currently trading at Rs. 4,742.50 per equity share, down nearly 6.96 percent from its previous day’s close price of Rs. 5,058.70. The stock is currently trading at 47.79 percent of its 52-week high of Rs. 9,082.90.
Tata Elxsi Limited was established in 1989 and is a leading Indian design and technology services company. It specializes in product engineering, digital solutions, and IT services across industries like automotive, healthcare, and media. The company offers innovative solutions for businesses worldwide and is part of the Tata Group.
Rallis India Limited
With a market capitalization of Rs. 3,894.24 crore, the shares of Rallis India Limited were currently trading at Rs. 200.25 per equity share, down nearly 6.25 percent from its previous day’s close price of Rs. 213.60. The stock is currently trading at 47.08 percent of its 52-week high of Rs. 378.40.
Rallis India Limited was established in 1948 and is an Indian agribusiness company that focuses on crop protection, seeds, and plant growth nutrients. It provides innovative solutions to improve agricultural productivity and is a part of the Tata Group. Rallis serves farmers with products designed to enhance crop yield and quality.
Tata Technologies Limited
With a market capitalization of Rs. 24,569.31 crore, the shares of Tata Technologies Limited were currently trading at Rs. 605.65 per equity share, down nearly 6.25 percent from its previous day’s close price of Rs. 648.95. The stock is currently trading at 46.75 percent of its 52-week high of Rs. 1,137.45.
Tata Technologies Limited was established in 1994 and is an Indian global engineering services company. It provides solutions in product development, digital engineering, and IT services, mainly for industries like automotive, aerospace, and industrial equipment. The company is part of the Tata Group and focuses on innovation and technology to drive business growth.
NELCO Limited
With a market capitalization of Rs. 1,813.61 crore, the shares of NELCO Limited were currently trading at Rs. 794.80 per equity share, down nearly 9.18 percent from its previous day’s close price of Rs. 875.15. The stock is currently trading at 47.11 percent of its 52-week high of Rs. 1,502.75.
NELCO Limited was established in 1940 and is an Indian company specializing in satellite communication, security systems, and networking solutions. It provides products and services in sectors like broadcasting, defense, and corporate enterprises. NELCO is part of the Tata Group and focuses on advanced technology solutions.
Written By – Nikhil Naik
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