The bumper debut of Tata Technologies on Dalal Street led to a surge in the conglomerate’s overall market capitalization, reaching a new high of Rs 26.20 lakh crore on Thursday. The engineering unit of Tata Motors witnessed an astounding 180% rally on its debut, marking one of the most substantial gains for a public offering of its size.

With the exception of Rallis India, all Tata Group companies have posted positive returns in 2023. Notably, Benares Hotels, Automotive Stampings & Assemblies, and Trent have more than doubled their stock values since January, while Tata Motors and Tata Investment Corporation recorded impressive surges of 81% and 94%, respectively. Tata Motors also holds the title of the top gainer on the Nifty 50 for the year.