Shares of most Tata Group stocks fell on Friday, reversing some of the gains made on Thursday. Image for representation
| Photo Credit: Reuters
Shapoorji Pallonji Group, the second-largest shareholder in Tata Sons, on Friday (September 18, 2026) backed a potential listing of the holding company of the sprawling Tata conglomerate, signalling support for a move that could reshape the ownership of the group.
“Look forward to working closely and constructively with Tata Sons towards listing,” the group said in a statement.
The statement comes a day after Tata Trusts on Thursday (September 17) said that the Shapoorji Pallonji Group had proposed monetising a portion of its stake in the holding company.
The SP Group proposed selling a portion of its stake in the holding company, Tata Sons, for at least ₹25,000 crore.
Stocks fall
Shares of most Tata Group stocks fell on Friday, reversing some of the gains made on Thursday, after Tata Sons reappointed N. Chandrasekaran as chairman for another five years and decided to consider a public listing. Tata Trusts has termed Mr. Chandrasekaran’s appointment “illegal”.
As of 9:40 a.m. IST, Tata Chemicals tumbled as much as 7.8%, while Tata Investment Corporation fell 3.9%. Tata Motors Passenger Vehicles dropped 2.6% and Tata Power lost 1.4%.
Shares of Tata Steel were down 0.15%, Tata Motors fell 0.48% and Tata Elxsi slipped 1.09%, while Tata Capital rose 1.1%.
Published – September 18, 2026 11:00 am IST
