Wednesday, December 11, 2024

Tata Chemicals share price rebounds from intraday low after THIS RBI’s RTI reply

MSN: New Delhi: Wednesday, 11 December 2024.
Tata Chemicals share price jumped more than 2% on Tuesday after the Reserve Bank of India (RBI) responded to the application of Tata Sons seeking exemption from an Initial Public Offering (IPO).
Tata Chemicals stock price jumped as much as 2.5% to ₹1,134.00 apiece on the BSE.
In response to a Right to Information (RTI) application, RBI said that Tata Sons’ application with regards to it seeking exemption from IPO is under examination, CNBC-TV18 reported.
RBI’s reply dated November 14 was to a question in the RTI application, which stated that “Has a decision been taken on the application of Tata Sons,” the report said.