The value of the stake in listed companies of Tata Sons, the country’s largest industrial conglomerate, has exceeded the value of the government’s stake. In this way, Tata Sons have now become the largest promoter of listed companies in the country. The value of Tata Sons’ stake in listed companies is Rs 9.28 lakh crore, while the value of the government stake is Rs 9.24 lakh crore.
The decline in shares of government companies
In recent times, shares of government companies have fallen. This has reduced its market capitalization. At the same time, Tata Sons have emerged as the largest promoter of listed companies in the country. Let me tell you that this is the first time in the last 20 years. The value of Tata Sons’ stake in listed companies has increased by 34.4% in the last 1 year. The total amount is 9.28 lakh crore rupees.
How much the government’s share price decreased
In the last 1 year, the value of government stake in listed government companies has fallen by 19.7%. Explain that in December 2019, the value of government stake in government companies was 67 percent more than that of Tata Sons. In March 2015, the value of government stake in listed government companies was almost two and a half times that of Tata Sons.
Market cap of Tata group
The total market cap of all Tata group companies was Rs 15.6 lakh crore as on December 31, 2021, while the market cap of government companies was Rs 15.3 lakh crore. In 2019, the listed government companies were valued at Rs 18.6 lakh crore, while the Tata group companies were valued at Rs 11.6 lakh crore.
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Tata has 29 Listed companies
The Tata Group has 29 listed companies. At present, the largest company in the Tata group is Tata Consultancy Services (TCS). Its market cap is around Rs 11 lakh crore. Other Tata group companies include Tata Motors, Tata Steel, Titan et al. The Tata group is ahead of Reliance Group (RIL) and HDFC Group (HDFC Group) in terms of market cap.