Tata becomes India’s first conglomerate to cross ₹30 lakh cr mark
Updated: Feb 7th, 2024
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| 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%.
| Company | Market 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)
