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Combined m-cap of listed Tata players, excluding TCS, is up 102% this year, so far
Topics
Tata group | TCS | Tata Steel
Krishna Kant |
Last Updated at October 18, 2021 08:24 IST
Tata Consultancy Services’ (TCS’) contribution to the group market capitalization (m-cap) has declined to a decade low of 58.2 per cent, on the back of a sharp rally in the share prices of other key group companies, such as Tata Steel, Tata Motors, and Tata Power. TCS accounted for 67 per cent of the group m-cap at the end of December 2020 and record 75 per cent at the end of March 2020.
The combined m-cap of listed Tata companies, excluding TCS, is up 102 per cent in the current calendar year, while that of TCS is up 26 per cent. The entire group market cap is up 49 per …
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First Published: Mon, October 18 2021. 06:08 IST
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