India’s biggest stock winner this year has no analyst coverage
short by Usha Kunji / 02:21 am on Tuesday, 12 March, 2024
An investment firm of conglomerate Tata Group with no analyst rating and minuscule ownership by institutional investors has become the top-performing Indian stock this year, the latest showcase of the frenzy in local equities.Tata Investment Corp. has soared 116% so far in 2024, the most among the Nifty 500 Index companies that represent more than 94% of India’s market capitalization.
