Tata Investment is the top gainer on the bourses once again; it has been at this slot for the past two trading sessions. On the back of 13-times surge in volumes, the stock opened higher today at Rs.4038 from its previous close of Rs.3905.15 and soon rose to hit a new 52-week high at Rs.4575. It continues to trade at Rs.4550 levels currently. In the last two trading sessions, it has gone up over 40%.

The reason? The IPO of Tata Technologies opening on Wednesday, 22^nd Nov. Tata Tech is the subsidiary of Tata Motors where Tata Investment too holds stake along with Tata Sons. The IPO is a value unlocking exercise for Tata Motors.