News From Press Mutual funds hike stake in Tata Motors, Tata Steel despite recent turmoil

Mutual funds hike stake in Tata Motors, Tata Steel despite recent turmoil

Source: Economic Times Dec 5, 2016

The recent upheaval in the Tata Group has led to several fund houses rejigging their exposure in the listed companies of the group.

Fund managers have cut their stakes in TCS (Tata Consultancy Services), Tata Motors DVR (Differential Voting Rights) and Tata Power, while they have increased their stakes in Tata Motors and Tata Steel.

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