Tata Tech shares rise over 6% after good Q4 results

Tata Tech Share Price: Shares of Tata Technologies surged over 6% as the company reported 8.1% growth in Q4 revenue at Rs 189 crore compared to Rs 189 crore in the same period last year.

The Tata Motors subsidiary reported a 16% rise in EBITDA margin for Q4, indicating an increase of 200 basis points.

On the other hand, the company also declared a final dividend of Rs 8.35 per equity share and a special dividend of Rs 3.35 per equity share.

“The Board has recommended a final dividend of Rs 8.35 per equity share and a special dividend of Rs 3.35 per equity share, subject to shareholder approval at the AGM,” the company said in an exchange filing.

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