After 7 yrs, TaMo pips Maruti Suzuki to become most valuable auto company

The combined market cap of Tata Motors (Rs 287,327 crore) and Tata Motors DVR (Rs 29,226 crore) stood at Rs 3.16 trillion

Tata Motors surpassed Maruti Suzuki (India) (MSIL) to become the most-valuable automobile company, in terms of market capitalisation (m-cap), after a gap of seven years.

With this, the company’s stock hit a new high on the BSE on Tuesday.

The combined m-cap of Tata Motors (Rs 285.51 crore) and Tata Motors DVR (Rs 29,119 crore) stood at Rs 3.146 trillion. In comparison, the market cap of India’s largest passenger vehicle company, MSIL, stood at Rs 3.13 trillion, the BSE data shows.

Back in 2017 (January 25), Tata Motors had pipped MSIL with an m-cap of Rs 1.76 trillion against the latter’s Rs 1.75