Noel Tata: Tata Trust got a new 'Ratan', so these shares of Tata jumped with joy

Noel Tata: Ratan Tata's step brother has been made the new chairman of Tata Trust. After this news, there has been tremendous enthusiasm in the shares of Tata Group. 

After Noel Tata became the chairman, many shares of Tata Group have closed in the green zone. This includes many shares including Ratan Tata's favorite company Tata Motors and Noel Tata's favorite companies Trent and Titan. Let us know how much each stock has gained.

These shares of Tata rose

• After the news, the shares of Titan Company have increased by more than 1 percent and closed at Rs 3,491.
• Voltas shares closed 0.60 per cent higher at Rs 1,787.10.
• Tata Steel shares closed 0.66 per cent higher at Rs 161.
• Shares of Tata Investment Corporation Limited also jumped 2.66 per cent to close at Rs 7,108.30.
• Tata Motors shares closed at Rs 931, up 0.27 per cent.
• Tata Communications shares jumped 0.66 per cent to close at Rs 1,966.45.
• Shares of Tata Consumer Products Ltd closed 0.38 per cent higher at Rs 1,117.15.

The condition of Noel Tata's favorite company

Shares of Noel Tata's favorite company Trent rose 3 per cent to Rs 8,269.30 after the news came on Friday. His company had only one store in 1998, but he made it a brand of 700 stores from one. 

Apart from this, he has also led various retail ventures of brands like Westside, Star Bazaar and Zudio. Noel joined the Sir Ratan Tata Trust Board in 2019 and became the Vice Chairman of Titan Company in 2018. After this, increasing his responsibilities, he was made the Vice Chairman of Tata Steel in March 2022.

How much return was given to investors?

Noel Tata's favorite company Trent has given a return of about 292 percent in the last 1 year. If an investor had invested Rs 1 lakh in this stock a year ago, his amount would have become Rs 3.92 lakh today. 

In the first quarter of FY25, Trent's revenue was Rs 4 thousand crore, while in the last 5 years the company's earnings have been about 5 times.