Overview

• TPG offloaded 85.16 lakh shares in a June 4 block deal at Rs744.50–767.50 per share, raising about Rs638 crore.
• The divestment reduces TPG’s holding from 6.01% to 3.91% of Tata Technologies.
• Tata Technologies’ stock fell over 1% as investors weighed the sizeable stake sale.
• In Q4FY25, the company reported revenue of Rs1,286 crore, down 1.2%, alongside a 20% year-on-year rise in consolidated profit to Rs189 crore.
• Tata Technologies’ joint venture with BMW is expanding towards a four-digit workforce, while ICICI Securities retains a ‘SELL’ rating with a Rs510 target.