Dont miss action in this stock as it announces the rights issue; the company has maintained a healthy dividend payout
Dont miss action in this stock as it announces the rights issue; the company has maintained a healthy dividend payout

Dont miss action in this stock as it announces the rights issue; the company has maintained a healthy dividend payout

The promoter holding in the stock is around 73 per cent, while the DII holding stands at 8.15 per cent as in the recent quarter, we saw DII increase their stake by 1.53 per cent

Karan Dsij Article rating: 3.7

Interestingly, the stock has maintained a healthy dividend payout ratio. RoE stands at 20.14 per cent which is among the best when compared to the peer group.

This Tata Group stock, having healthy dividend payout, witnessed a powerful breakout; watch out!
This Tata Group stock, having healthy dividend payout, witnessed a powerful breakout; watch out!

This Tata Group stock, having healthy dividend payout, witnessed a powerful breakout; watch out!

The daily 14-period RSI has witnessed a breakout of a consolidation pattern and with this, it moved above its prior swing high and is in bullish territory.

Karan Dsij Article rating: 4.2

Amidst all this, there is one stock that has witnessed a breakout of cup & handle-like pattern. And what’s important is the fact that this stock belongs to the prestigious Tata Group! Moreover, the company has a good dividend track record and consistently declared dividends for the last five years.   

 

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