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At $365 B, Tata Group's mkt value now bigger than Pakistan's economy
The Business Guardian
|February 21, 2024
The combined market value of Tata Group companies has surpassed Pakistan’s gross domestic product (GDP), a report by the media said.
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According to the report, the listed companies of the salt to-software conglomerate have produced fantastic returns on the stock market in one year, and their combined value is now more than Pakistan’s entire economy, which is still struggling with high levels of debt and inflation.
The Tata Group’s overall market capitalisation is around $365 billion, or more than Rs 30 trillion. This is more than Pakistan’s GDP, which the International Monetary Fund (IMF) estimates to be roughly $341 billion.
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