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The Tata Group, boasting numerous prominent entities on Indian indices such as Tata Motors and TCS, is anticipated to introduce several additional IPOs within the next 2-3 years. This development arises as Tata Sons, its holding company, faces a looming deadline for its own IPO.
Tata Group’s collective market capitalisation surpassed Rs 30 lakh crore on 6th February, marking a historic achievement as the first Indian conglomerate to reach this milestone. The upswing in shareholder wealth can be attributed to increased buying interest observed in shares of Tata Consultancy Services, Tata Motors, Tata Power, and Indian Hotels throughout the current year.