Tata Group’s Mcap investment crosses Rs 300 crore, becoming first Indian company to achieve this

Tata Group’s total market capitalization (mcap) crossed Rs 3,000 crore on Tuesday, becoming the first corporate giant to cross this milestone. The rise was driven by strong demand for TCS, Tata Motors, Tata Power and Indian Hotels stocks this year.

Shares of Tata Consultancy Services (TCS) have surged over 9% so far in 2024, Tata Motors shares are up over 20%, Tata Power shares are up 18% and Indian Hotels Ltd. It’s up 16%. The Tata Group has 24 companies listed on the exchanges.

Meanwhile, Tata Chemicals, Tejas Network and Tata Elxsi are down 10% this year, while the rest are up 1-5%.