Now, Tata Group is bigger than Pakistan's GDP


Daijiworld News Network - Mumbai

Mumbai, Feb 20:
 With a market capitalisation of $365 billion, Tata Group is now bigger than GDP of Pakistan.

The market value of Tata Group is more than the entire gross domestic product (GDP) of Pakistan which is at $341 billion.

The shares of Tata Group have delivered excellent returns in one year with eight Tata companies more than doubling their wealth in the last one year.

The shares of TCS hit a lifetime earlier this month with almost 50% of the group's market cap at Rs 15.13 lac crore followed by Titan and Tata Motors.

Meanwhile, media reports say that Pakistan's foreign exchange reserves stand at around $8 billion which covers two months of essential imports up from last year's level of $3.1 billion.

 

  

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