Tata Motors, TCS and other Tata Group stocks in focus as NSE to launch Nifty Tata Group 25% Cap Index
Further, the Nifty Tata Group 25% Cap index consists of 10 companies and is based on the free float market capitalisation method, the bourse said.
Tata Group stocks traded mixed on April 4, Thursday, after the National Stock Exchange (NSE) on Wednesday announced the launch of four new indices, including the Nifty Tata Group 25% Cap, along with three new indices in cash and futures and options segments from April 8.
As of 10:15 a.m., shares of Tata Motors, Tata Motors DVR, TCS, Trent, Tata Steel, Tata Power, Tata Communications, Tata Elxis, and Tata Chemicals traded in the positive territory gaining between 0.30 per cent to 1.18 per cent, whereas Tata Consumer Products, Tata Technologies, Titan slipped between 0.50 per cent to 0.75 per cent.
The other three new indices announced are Nifty500 Multicap India Manufacturing 50:30:20, Nifty500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare.
Further, the Nifty Tata Group 25% Cap index consists of 10 companies and is based on the free float market capitalisation method, the bourse said.
The Tata Group 25% Cap will have the following companies under it:
| Company | Weightage (%) |
| TCS | 24.53% |
| Tata Motors | 16.11% |
| Titan | 14.62% |
| Tata Steel | 11.83% |
| Trent | 8.02% |
| Tata Consumer | 6.35% |
| Tata Power | 6.15% |
| Indian Hotels | 4.73% |
| Tata Motors DVR | 2.83% |
| Tata Elxsi | 2.50% |
Source: ZeeBiz Research
Natarajan Chandrasekaran was appointed as Chairman of Tata Sons in February 2017 and was re-appointed for the next five years in February 2022. Tata Sons is the holding company and promoter of more than 100 Tata companies.
Other Tata Group companies include Tata Communications, Tata Technologies, Tata Chemicals, Voltas, Rallis India, Tejas Networks, Nelco, Tinplate, Automotive Stampings & Assemblies, Tata Investment Corp., and Tata Teleservices.
Movement in Tata Group stocks since February 21, 2017
| Company | Price as on 21st Feb 2017 | Returns |
| Trent | 250 | 15.7x |
| Tata Elxsi | 748 | 10.7x |
| Titan | 457 | 8.1x |
| Tata Consumer Products | 142 | 7.9x |
| Indian Hotels | 117 | 5.2x |
| Tata Power | 84 | 4.9x |
| Tata Steel | 44 | 3.7x |
| TCS | 1208 | 3.3x |
| Tata Motors DVR | 279 | 2.4x |
| Tata Motors | 458 | 2.2x |
Source: ZeeBiz Research
Further, the Nifty500 Multicap India Manufacturing 50:30:20 Index and Nifty500 Multicap Infrastructure 50:30:20 Index aim to track the performance of select large-cap, mid-cap, and small-cap stocks from the Nifty 500 index that represent the manufacturing and infrastructure themes.
Reliance Industries Ltd, Sun Pharmaceutical Industries, and Tata Motors are top constituents of the Nifty500 Multicap India Manufacturing 50:30:20 Index.
Meanwhile, Larsen & Toubro Ltd, Reliance Industries, and Bharti Airtel are the top constituents of the Nifty500 Multicap Infrastructure 50:30:20 Index.
Nifty MidSmall Healthcare tracks the performance of mid-cap and small-cap stocks within the healthcare sector. The index includes up to 30 stocks selected from the parent Nifty MidSmallcap 400 index based on the stock's six-month average free-float market capitalisation.
Max Healthcare Institute Ltd, Lupin, and Aurobindo Pharma are the top constituents of the index.
(With inputs from agencies.)
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