TATA Groups and TATA Motors shares jumps to nearly 180 percent Rakesh Jhunjhunwala increase his investment

By Lokmat English Desk | Published: November 26, 2021 01:47 PM2021-11-26T13:47:53+5:302021-11-26T13:56:15+5:30

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At present, the stock market is running at a record pace. IPOs of various companies in various fields are being submitted. Investors are getting better investment opportunities, and many companies are offering good returns to investors.

Even in the corona crises the number of Tata Group companies have performed well and given strong returns to investors. Big Bull of stock market Rakesh Jhunjhunwala has also increased the investment in Tata companies.

Tata Motors is a leading carmaker in the automobile sector of the TATA Group. At present, Tata Motors is at the forefront of the electronic car segment, with Tata's electric cars becoming hugely popular.

Even in the stock market, TATA Motors is going great. Shares of Tata Motors have risen by 180 percent in one year.

Rakesh Jhunjhunwala also has a large stake in Tata Motors. He owns a 1.11 percent stake in the company. It is priced at around Rs 1,796 crore.

However, the company has suffered losses in the last three months. It is said that Tata Motors will do even better in 2022.

Meanwhile, most of the listed companies in the stock market belong to the TATA Group. So far, a total of 29 TATA Group companies have been listed on the stock exchange. Market ca. of TATA Group, is number one in market cap.

TATA Group had a market cap of Rs 23.69 lakh crore. However, it fell by Rs 1.70 crore. Tata Consultancy Services (TCS) is the largest shareholder in the TATA Group with a market cap of Rs 12.80 lakh crore. After this, the market cap of Titan Company is second.

Tata Motors is making more profit per car than the country's largest and market leader Maruti Suzuki. For the first time in 10 years, Tata Motors has overtaken the country's largest carmaker in terms of profit per car.

From 2016 to 2021, Tata launched luxury cars, some of which are the best sellers in its segment.

Tata Motors is also emerging as a leader in the electric segment. The company's electric SUV Tata Nexon EV is the best-selling electric car in India. Once fully charged, this SUV offers a tremendous driving speed of up to 312 km.

The company will focus on expanding its segment of electric passenger vehicles in the near future and has recently invested Rs 15,000 crore. It is said that in the next 4 to 5 years, Tata will launch 10 new electric vehicles in the Indian market.