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With Thursday’s move, the stock is up for the third day in a row, having snapped an eight-day losing streak earlier this week.
The National Stock Exchange (NSE) announced on Wednesday evening that Tata Technologies will now have futures and options (F&O) contracts, starting the upcoming March F&O series, which begins on February 28.
Along with Tata Technologies, shares of IREDA will also have futures and options contracts from the March series.
Earlier, the NSE had announced the inclusion of six new companies in the F&O space starting January 31, of which Castrol India and Gland Pharma were later excluded from the list.The NSE has also announced a list of 16 stocks which will no longer be a part of the F&O segment starting the March series. These stocks include:
Abbott India, Atul Ltd, Bata India, Can Fin Homes, Coromandel International, City Union Bank, Gujarat Narmada Valley Fertilizers & Chemicals, IndiaMART InterMESH, IPCA Laboratories, Dr Lal PathLabs, Metropolis Healthcare, Navin Fluorine International, PVR INOX, Sun TV Network, and United Breweries.
Shares of Tata Technologies are trading 3.6% higher at ₹756 on Thursday. The stock had corrected over 40% from its post-listing high of ₹1,179 to fall to a post-listing low of ₹711 before rebounding over the last three sessions.
Shares of IREDA are trading 0.7% higher at ₹171.46.
