Tata Motors DVR in limelight

about 1 month ago
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Tata Motors DVR is seeing a lot of action; from its close of Rs.255.85, it opened today at Rs.262.80 and went up to an intraday high of Rs.272. Its 52-week high is at Rs.284.

The stock price rose after ace investor, Rakesh Jhunjhunwala trimmed his holding in Tata Motors while hiked his stake in DVRs.

His stake in the DVR has gone up to 3.93% from 1.97% at end of Q2Fy22 (QoQ).

Though DVRs carry low voting rights, the advantage is that they offer higher dividends.

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