Extending its gaining streak for the third straight session, shares of Tata Investment Corporation rallied as much as 8.6% to hit a new lifetime high on Tuesday amid surge in buying activity after the company announced stock split last week. The Tata group stock has risen nearly 30% in the past six sessions after its board approved a 1:10 stock division on September 22.

Driven by a sustained rally, Tata Investment shares attained a new peak of ₹9,596.75 in early trade today, rebounding 86.5% from its 52-week low of ₹5,147.15 touched on February 17, 2025. The market cap of the large-cap stock surged to ₹48,253 crore. 

Over the past year, the share price of Tata Investment has increased by over 39%, and it has risen by 52% in the past six months. On a year-to-date (YTD) basis, the Tata group stock has surged 38%, while it added 39% in just one month.

Technically, Tata Investment Corporation is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price performance, according to MarketsMojo, a share market research platform.

What fuelled the rally in Tata Investment shares?

The recent rally in Tata Investment shares has been triggered following the company’s announcement of its first-ever stock split. Tata Investment, which serves as the investment manager for Tata Mutual Funds, is subdividing its equity shares to make them more accessible, enhance liquidity, and broaden the retail shareholder base.

On August 4, 2025, the company announced that its board had approved splitting each existing equity share with a face value of ₹10 into ten fully paid-up shares of ₹1 each (1:10 ratio), subject to shareholder approval and regulatory clearances.

The board gave the green light to the stock split plan on September 22, and the company has set October 14, 2025, as the ‘record date’ to determine shareholder eligibility for the subdivision.

Besides, Tata Investment shares also gained momentum amid rising excitement over Tata Capital’s upcoming initial public offering (IPO). The company holds around a 2.1% stake in the NBFC, while Tata Sons remains the primary shareholder with an 88.6% holding.

Tata Capital, the financial services arm of the Tata Group, looks to raise ₹15,512 crore via the IPO route, at a price band of ₹310-326 per share. At the upper end of the issue price, the market value of the company is pegged at around ₹1.38 lakh crore (or $16 billion). The anchor book size is estimated to be around ₹4,642 crore.

The highly anticipated IPO will open for bidding on October 6 and close on October 8. The anchor book will open for a day on October 3, while Tata Capital shares are expected to debut on the BSE and NSE on October 13.

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