Tata group companies have given bumper returns to investors in the last one year. Due to this, the market capitalization of all the listed companies of the group has become more than the economy of Pakistan. According to the latest data, the market cap of the listed companies of the group has reached $ 365 billion i.e. Rs 30.3 lakh crore. At the same time, according to IMF, Pakistan’s entire GDP is 341 billion dollars. However, according to the World Bank, Pakistan’s GDP is $376 billion, which is slightly more than all the listed companies of Tata Group.
According to a report, the market cap of Tata Consultancy Services (TCS) is Rs 15 lakh crore or $170 billion. At present, TCS is the largest IT company in India.
The market cap of the country's largest IT company TCS is 170 billion dollars, which is equal to half of the neighboring GDP
Its market cap is about half of Pakistan’s economy. Pakistan’s economy is currently facing a huge crisis and there is a lot of debt. There are many big companies of Tata Group which are currently listed in the market.
This includes Tata Group’s holding company Tata Sons, Tata Capital, Tata Play, Tata Advanced Systems, Air India and Vistara and many other companies. Tata Group plans to bring IPO of many of these companies. Its being done. In such a situation, it is believed that the market cap of Tata Group companies may increase further in the coming time. Bye. Play’s IPO has received SEBI approval. However, the date of IPO has not been mentioned.
It has grown 11 times and is expected to become the third largest economy in the world by the financial year 2027-28. Pakistan’s economy grew at the rate of 6.1 percent in the financial year 2021-22 and this figure stood at 5.8 percent in the financial year 2020-21. However, due to the subsequent crisis, its growth rate was negative in the financial year 2022-23. Presently Pakistan has foreign exchange reserves of only eight billion dollars.
Highlights:
Pakistan's economy is facing a huge crisis, more than half of the revenue is being spent in repaying loan interest
Market capitalization of listed companies of Tata group is 365 billion dollars.
Pakistan's GDP in international currency TAT is $341 billion according to the fund
Pakistan has foreign exchange reserves of only eight billion dollars, comparison of India's economy with Pakistan's.
NSE's Nifty closes at new high of 22,122
Capitalization of BSE reached Rs 3.91 lakh crore MUMBAI: The market capitalization of BSE listed companies rose by Rs 2,19,581.56 crore to its all-time high of Rs 3,91,69,087.01 crore on Monday. Due to the boom in the market, the wealth of investors increased by Rs 2.20 lakh crore.
VK Vijay Kumar, Chief Investment Strategist, Geojit Financial Services, said that the capitalization of BSE is touching a record high of about $ 4.7 trillion, which reflects the ongoing momentum and momentum in the market. However, capitalization compared to GDP is 120 percent higher and this shows that the valuation of shares is higher than the potential. It’s a topic of concern
The combined market value of Tata Group companies has surpassed Pakistan’s GDP, according to a newspaper report.
— IndiaToday (@IndiaToday) February 19, 2024
The report highlighted how listed companies of the salt-to-software conglomerate have given stellar returns in one year on the stock market, adding that their… pic.twitter.com/dd3YYTZ9on
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