3/10/2024, 6:06:02 pm

Ratan Tata sells small stake in Upstox to make 23,000% return

Billionaire business tycoon Rata Tata has sold a small stake in Tiger Global-backed discount broking platform Upstox to make a whopping 23,000% return on his investment.The 86-year-old patriarch of the Tata Group had bought around 1.33% stake in Upstox in 2016. The discount brokerage announced that it has concluded a buyback of 5% of Tata's holding in the company.