Tata Group market cap surges $55bn since August to zoom past $300 bn

This is a 22% rise in valuation; TCS, Tata Motors and Titan top the charts in absolute terms, Nelco and Tata power lead the percentage table

Shares of Tata Group companies have been on a tear. Since August, the group’s two dozen-plus listed stocks have added nearly Rs 4.2 trillion ($55 billion)—an increase of 22 per cent increase—in market capitalisation to Rs 23.6 trillion ($313 billion). In absolute terms, TCS, Tata Motors and Titan have seen the highest increase in market cap during this period. Meanwhile in percentage terms, Nelco (130 per cent), Tata Power (79 per cent) and Tata Motors (72 per cent) have seen the biggest jump since August.

On Wednesday, the group added over Rs 64,000 crore ($8.5 billion) in mcap buoyed by