Tata Capital shares break out of narrow range for the first time in two months of listing

Shares of Tata Capital Ltd., the largest IPO of 2025, surged as much as 5% to mark their biggest single-day gain since listing over two months ago.

This is the second straight day of gains for Tata Capital, having closed above its IPO price for the first time after October 28.

Through out its trading history, shares of Tata Capital have traded in a narrow range of ₹18, with a recent low of ₹315, and a high of ₹333.

The stock has also surged on strong volumes. As many as 1 crore shares have already been traded on the stock, which is the first time that the stock has seen such volumes after October 13-16, which were the first four days of trading for the stock on the bourses.

Shares worth nearly ₹350 crore have already been traded on Tata Capital, and NSE data is indicating that over 53% of the total shares traded have been marked for delivery already.

All seven analysts covering Tata Capital have a "buy" recommendation on the stock, which price targets going up to as high as ₹410.

Tata Capital is India's largest IPO of 2025, with the ₹15,000 crore-plus issue witnessing full subscription from investors by the time bidding closed on the final day. The stock made its debut around its issue price of ₹326 and continued to trade within that narrow band.

Shares of Tata Capital are currently trading 4.7% higher on Tuesday at ₹345.4.