The Tata Group’s market capitalization reaches $365 billion.

Tata Group shares have delivered stunning returns over the past year, boosting the salt-to-software conglomerate’s market value to $365 billion (Rs 30.3 billion), larger than Pakistan’s entire gross domestic product ). Nearly $341 billion.according to new delhi tv profit, the Tata Group is the first to touch this milestone. Tata Consultancy Services Ltd. accounts for about half of the group’s market capitalization, with a market capitalization of 1,513 billion rupees, followed by Titan Co. and Tata Motors Ltd. new delhi tv profit Report Said further.

The report prompted cheers from social media users, with many congratulating the company.

“The market value of Tata Group reaches US$365B, which is more than Pakistan’s GDP! TCS alone is worth US$170 billion, equivalent to half of Pakistan’s GDP.” said one user.

“Iran’s GDP is almost the same as Tata Group’s market capitalization,” another person said.

Earlier this month, TCS shares hit an all-time high new delhi tv profit. At least eight Tata companies have more than doubled their wealth in the past year.

pakistan situation

Pakistan is facing a sweeping economic crisis and leading Pakistani politicians are in talks to form a government after the recently held elections.

According to Reuters, Pakistan’s foreign exchange reserves are about $8 billion, which can cover only two months of essential import needs, although this is an improvement from $3.1 billion a year ago.

Pakistan’s debt-to-GDP ratio has exceeded 70%, and the International Monetary Fund (IMF) and credit rating agencies estimate that interest payments on its debt will consume 50% to 60% of government revenue this year. This is the worst ratio of any economy of any size in the world.

Finally, increases in taxes and gas tariffs and a sharp depreciation of the rupee pushed inflation to nearly 30% year-on-year.