Tata becomes India’s first conglomerate to cross ₹30 lakh cr mark

Updated: Feb 7th, 2024

Tata Consultancy Services (img: IANS)

The collective market capitalization of Tata Companies surpassed the historic mark of ₹30 lakh cr on Feb 6, a result of the record boom in India’s stock market at the beginning of this year.

Tata Motors and Tata Consultancy Services (TCS) are running at historic highs during this tenure.

In around a month, the market cap of Tata Group’s 22 listed companies grew from ₹27.91 lakh cr on Dec 29, 2023, to ₹30.44 lakh cr.

With this feat, Tata Group became the first conglomerate in India to surpass this figure.

Till now, the group’s market capitalization has seen a rise of 9%. The highest contributors to this surge include Tata Investment Corp at a 30% rise, Tata Motors at 20%, Automobile Corp of Goa at 23%, Tata Power at 18%, Tata Consultancy Services at 10%, and Indian Hotels Company Ltd at 15%.

CompanyMarket Cap (On Feb 6)
TCS
₹15 lakh cr
Tata Motors
₹3.43 lakh cr
Tata Power Company
₹1.25 lakh cr
The Indian Hotels
₹72,040 cr
Tata Consumer Products
₹1.10 lakh cr
Tata Consumer Products
₹1.79 lakh cr
Tata Consumer Products
₹28,178 cr
Voltas Ltd
₹34,029 cr
Rallis India
₹5,172 cr
Auto Corp Goa
₹1,066 cr
Oriental Hotels
₹2,342 cr
Tata Metaliks
₹3,508 cr
Benaras Hotels
₹1,242 cr
Auto Stampings
₹738 cr
Tata Teleservices
₹17,989 cr
TRF
₹299 cr
Nelco Ltd
₹1,803 cr
Trent Ltd
₹1.07 lakh cr
Titan Company
₹3.16 lakh cr
Tata Communication
₹48,458 cr
Tata Technologies
₹45,889 cr
Tata Chemicals
₹25,270 cr
Tata Elxsi
₹48,057 cr
Tejas Networks
₹12,886 cr
Tata Group (Total)₹30.44 lakh cr

TCS market capitalization crosses ₹15 lakh cr

The market capitalization of India’s second-most valuable company, TCS, crossed the ₹15 lakh crore mark on Feb 6.

TCS was the top gainer among Sensex stocks, jumping 4.1% to trade at ₹4,137.

TCS’s market cap now stands at ₹15.13 lakh crore.

(With inputs from IANS)

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