Tata Group stock which is a global engineering services company that specializes in delivering product development and digital technology solutions to original equipment manufacturers, has gone down by 5.5 percent in the day’s trading after a block deal worth Rs. 1,094 crore changed hands.
Price movement
With a market capitalization of Rs 27,135 crores, the share of Tata Technologies is down by 5.5 percent compared to the previous close of Rs 705.60 and hit an intraday low of Rs 662.25, The share price is down by 40 percent from its 52-week high of Rs 1,136.
What’s the News
Private equity firm TPG Rise Climate likely sold a stake in Tata Technologies worth Rs 1,094 Crores through a block deal, which involves a 3.95 percent equity stake in this company at the price range of Rs 670-699 per share. As of March 2025, they hold a 6.01 percent stake in the company.
About the company
Tata Technologies Ltd. is a global engineering services company that specializes in delivering product development and digital technology solutions to original equipment manufacturers (OEMs). The company operates across two main business divisions: Services and Technology Solutions.
It focuses on providing engineering design, outsourced product development, and digital transformation services tailored for clients in the global manufacturing sector, and also offers value-added services such as the resale and implementation of advanced software applications.
Financials
The company reported a revenue of Rs 1,286 crores in Q4 FY25, down by 1.18 percent from its Q4 FY24 revenue of Rs 1,301 crores. It posted a Net profit of Rs 189 crore in Q4 FY25, up by 20 percent from its Q4 FY24 net profit of Rs 157 crores.
Current shareholding pattern
Currently, as of March’29, the promoters hold 55.22 percent of the shares in the company, FII’s hold 3.10 percent, DII’s hold 2.48 percent of the shares in the company, and the retail investors hold 39.20 percent of the shares in the company.
Written By Sanjay G
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
