The listed shares of the Tata group were in the spotlight on Thursday, even though Ratan Tata – who was chairman of Tata Sons and headed several companies within the conglomerate for more than two decades – did not own any shares in his personal capacity. The group’s 25 listed stocks ended mixed, with the group’s holding company Tata Investment rising almost 6 percent, while Tata Consultancy Services (TCS) ended almost one percent lower ahead of the quarterly results announcement. At last close, the group’s combined market capitalization was almost Rs 34 trillion, making it the most valuable Indian corporate group.
First publication: October 11, 2024 | 12:16 pm IST