The Tata Group chairman laid out his vision in a gathering of Tata group leaders and urged group chief executives to intensify efforts in propelling growth and fostering additional momentum across key sectors
India s largest business conglomerate boasts a market capitalization of $365 billion or approximately ₹30.3 lakh crore, exceeding the International Monetary Fund s (IMF) estimations of Pakistan s GDP, which stands at approximately $341 billion.
Updated Jan 14, 2021 | 13:05 IST
After taking over as Tata Group chairman in February 2017, N Chandrasekaran said that boosting shareholder returns and tightening capital allocation rules would be his main priorities. Representational image
New Delhi: Tata Group has regained the most-valued corporate house tag in India on the back of the record-breaking rally in the markets since April 2020. The total market capitalisation of all Tata Group companies was just over Rs 17 lakh crore on Wednesday, higher than the market value of HDFC Group, which stood at Rs 15.25 lakh crore, according to a report in the
Economic Times.
Better use of resources and buoyancy in the commodities businesses augured well for the group. During the past one year, total market capitalisation of the salt-to-software conglomerate surged by 42% in the last one year. The group has gained Rs 1.9 lakh crore or 13% in overall market cap in the last one month.