TCS, Tata Motors PV, Tata Chemicals: Tata Group shares surge up to 20%; here is why the stocks are surging

TCS was top gainer in the NIFTY50 index and among the Tata Group stocks. The stock rose as much as 5.5% to an intraday high of ₹2,322. Shares of the Tata Group companies such as Tata Consultancy Services (TCS), Tata Motors Passenger Vehicle, Indian Hotels Company, Tata Power, Tata Consumer Products, Tata Steel and Voltas among others surged in trade on Tuesday, September 15.

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TCS was top gainer in the NIFTY50 index and among the Tata Group stocks. The stock rose as much as 5.5% to an intraday high of ₹2,322. Tata Motors PV advanced 5%, Tata Power gained 1.5%, Tata Power advanced 1.45%, Indian Hotels Company gained 1.2%, Tata Consumer Products climbed 1.2%, Voltas gained 0.95%, Tata Steel advanced 0.3%, Tata Chemicals rose 20% and Trent gained 0.15%, data from the stock exchanges showed.