As of August 20, 2024, the Tata Group's 29 publicly listed companies have a combined market capitalization of US$403 billion.
Understanding Tata Group's Valuation
The "worth" of Tata, in this context, refers to the collective market capitalization of its numerous publicly traded entities. Market capitalization is calculated by multiplying a company's total number of outstanding shares by its current share price, reflecting the total value of its shares in the stock market.
The Tata Group is a vast Indian multinational conglomerate, encompassing a diverse portfolio of businesses across various sectors. Its substantial valuation reflects the scale and reach of its operations globally.
Key Figures and Details
- Total Market Capitalization: US$403 billion
- As of Date: August 20, 2024
- Number of Publicly Listed Companies: 29
This impressive valuation positions Tata as one of the most valuable business conglomerates globally, with its publicly listed companies contributing significantly to this figure.