return to news
  1. Tata Investment Corporation shares surge nearly 20%, hit 52-week high; here’s why

Market News

Tata Investment Corporation shares surge nearly 20%, hit 52-week high; here’s why

pixelcut-export.png

3 min read | Updated on September 30, 2025, 17:52 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

TICL posted an 11.6% rise in consolidated profit after tax (PAT) at ₹146.3 crore for the quarter ended June 30 (Q1 FY26), driven by higher dividend income. In the same period last year, the company had reported a consolidated PAT of ₹131.07 crore, TICL stated in a regulatory filing.

Stock list

Tata Investment Corporation Limited was promoted by Tata Sons Pvt Ltd in 1937, under the name The Investment Corporation of India Limited.

Tata Investment Corporation Limited was promoted by Tata Sons Pvt Ltd in 1937, under the name The Investment Corporation of India Limited.

Shares of Tata Investment Corporation (TICL) settled 19.85% higher to close at ₹10,598. During the session, the stock rose as much as 20% to hit fresh 52-week high of ₹10,611.50 on the National Stock Exchange on Tuesday, September 30. The stock has been witnessing buying interest after the company last week said that it got shareholders approval to split its stock.
Open FREE Demat Account within minutes!
Join now

In the last one month, TICL shares have surged as much as 56%, data from the National Stock Exchange showed.

Last week, TICL announced that it received shareholder's approval for the stock split or subdivision of shares.

TICL, in its filing last week said, "On September 22, 2025, the Company announced the outcome of the postal ballot process, through which the shareholders approved the following resolutions: Subdivision of Ordinary (Equity) Shares of the Company, Alteration of the Capital Clause of the Memorandum of Association of the Company, and Alteration of the Capital Clause of the Articles of Association of the Company."

TICL stock split details

The company said it has fixed Tuesday, October 14, 2025, as the “Record Date” for the purpose of determining the eligibility of shareholders for the subdivision of the existing 1 (one) equity share of face value of ₹10/- (Rupees Ten Only) each fully paid up into 10 (ten) equity shares of face value of ₹1/- (Rupee One Only) each fully paid up.

On August 4, 2025, TICL said that its board had approved subdivision of the existing equity share having face value of ₹10 each into ten equity shares having face value of ₹1 each (1:10 ratio), fully paid-up subject to approval of the shareholders and any regulatory approvals.

TICL Q1 results

TICL posted an 11.6% rise in consolidated profit after tax (PAT) at ₹146.3 crore for the quarter ended June 30 (Q1 FY26), driven by higher dividend income.

In the same period last year, the company had reported a consolidated PAT of ₹131.07 crore, TICL stated in a regulatory filing. Consolidated revenue from operations during the reviewed quarter came in at ₹145.46 crore, compared with ₹142.46 crore recorded in the corresponding quarter last fiscal, it added.

TICL, a systemically important non-banking financial company (NBFC) classified by the Reserve Bank of India (RBI) under the middle layer category, reported dividend income of ₹89.16 crore in Q1, against ₹84.08 crore in the year-ago period. Total expenses for the quarter stood slightly higher at ₹12.15 crore, compared with ₹11.77 crore in the same period last year, the company said.

About Tata Investment Corporation

TICL is a non-banking financial company. Earlier named The Investment Corporation of India, the company is primarily involved in long-term investments such as equity shares and equity-related securities.

Tata Investment Corporation Limited was promoted by Tata Sons Pvt Ltd in 1937, under the name The Investment Corporation of India Limited.

To add Upstox News as your preferred source on Google, click here.
SIP
Consistency beats timing.
promotion image

About The Author

pixelcut-export.png
Kadambari Modhave is a writer with around 6 years of experience in the BFSI sector. She covers business and personal finance news.

Next Story