Tata Group’s collective market capitalisation surpassed 35.93B USD 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.
Tata Consultancy Services Ltd has experienced a notable surge of over 9 percent in 2024, with Tata Motors Ltd registering an impressive advance of over 20 percent.
Tata Power witnessed a substantial jump of 18 percent, and Indian Hotels secured a gain of 16 percent. Notably, the Tata Group comprises 24 companies listed on stock exchanges.
Conversely, Tejas Network, Tata Elxsi, and Tata Chemicals have seen a decline of over 10 percent each in the ongoing year, while the remaining stocks have shown gains within the range of 1-5 percent, according to Money Control.
