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Tata stocks lose ₹45,000 crore after Chandrasekaran exit announcement

Tata stocks lost about ₹45,000 crore in market value after chairman N Chandrasekaran said he would not seek a third term. The group-level leadership uncertainty is relevant to capital allocation across Tata’s consumer, retail, hospitality and aviation businesses.

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07:30 IST · 10 moves · what each means · free

Who and when

From the report. Source details below

N Chandrasekaran's tenure ends in February 2027
Tata Group listed market capitalisation: ₹27.03 lakh crore
Titan market capitalisation: ₹4.52 lakh crore
Titan share price declined 0.57% to ₹5,099
Tata Consumer Products declined 1.49% to ₹1,061.90

The source

Source Read the source at The Hindu BusinessLine

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