After incurring losses for seven consecutive -quarters, Tata Motors has finally bucked the trend. In Q3 FY23, it posted a profit of ₹2,940 crore, thereby grabbing the limelight.
If you think the company makes an enticing investment, you are going to face a dilemma. You can invest in the company either through ordinary shares or DVR shares. Before we help you solve the dilemma, first let's understand the basic difference between an ordinary share and a DVR share.
People holding DVR (Differential Voting Rights) shares have lower voting rights than those holding ordinary shares. However, DVR shareholders enjoy higher dividends than ordinary shareholders. Moreover, DVR shares are usually priced much lower than ordinary shares in the market.
This story is from the April 2023 edition of Wealth Insight.
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This story is from the April 2023 edition of Wealth Insight.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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