Tata group mkT Cap tops $1bn

By: PTI
Updated on: 01 Jul 2011, 22:08 PM

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Tata group’s stock market wealth on Friday crossed the $100-billion mark, as some of its companies including IT giant TCS gained in a weak Mumba

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Tata group's stock market wealth on Friday crossed the $100-billion mark, as some of its companies including IT giant TCS gained in a weak Mumbai market.

The cumulative market capitalisation of all listed companies of the Ratan Tata-led group rose to ₹4,47,351 crore, based on their share prices at the BSE.

Taking into account the day's RBI reference rate for the US dollar at ₹44.6/$, this translates into total market valuation of $100.33 billion. It was ₹446,420 crore ($99.8 billion) on Thursday.

First Published Date: 01 Jul 2011, 22:07 PM IST