Tata Sons buys shares of Tata Power, Tata Steel, Indian Hotels in falling market
As of December 2019, promoter (Tata Group including Tata Sons) held 34.26 percent stake in Tata Power, 33.12 percent in Tata Steel, and 39.09 percent in Indian Hotels.
Tata Sons, the promoter of all Tata group companies, seems to have taken advantage of a falling market to increase stake in group companies on March 12.
Tata Sons bought 13,878,964 equity shares of Tata Power at Rs 38.72 per share, 7,740,371 equity shares of
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