Tata Sons overtakes the government as the largest promoter of listed companies


Tata Sons’ stake in publicly traded companies is now worth Rs 9.28 trillion, up 34.4% year on year (YoY).

Topics

Tata Group | listed companies | Tata sons

Tata Sons closed the calendar year as the largest promoter of listed companies in the country, ahead of the central government. For the first time in nearly two decades, the government is no longer the largest promoter group on exchanges, thanks to a double-digit decline in the market capitalization of government-owned and promoted companies during the calendar year.

Tata Sons’ stake in publicly traded companies is now worth Rs 9.28 trillion, an increase of 34.4 percent yoy (yoy). By comparison, the Government of India’s share of the central listed public …

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First Post: Friday, Jan 1, 2021 06:10 IST

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