Tata Group Now Bigger Than GDP Of Pakistan

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Barabas

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With $356 Billion Market Cap, Tata Group Now Bigger Than GDP Of Pakistan​

Earlier this month, shares of TCS hit a lifetime high. At least eight Tata companies have more than doubled wealth in the last one year.​

World NewsEdited by Amit ChaturvediUpdated: February 20, 2024 6:02 pm IST
With $356 Billion Market Cap, Tata Group Now Bigger Than GDP Of Pakistan

Tata Group's market cap reached $365 billion.



The shares of Tata Group have delivered stunning returns in the past one year, catapulting the market value of salt-to-software conglomerate to $365 billion (Rs 30.3 lakh crore) - more than the entire gross domestic product (GDP) of Pakistan, which is almost $341 billion. According to NDTV Profit, Tata Group is the first to touch this landmark. Tata Consultancy Services Ltd. has about half of the group's market cap with ₹ 15.13 lakh crore, followed by Titan Co. and Tata Motors Ltd, the NDTV Profit report further said.
The report has caused a cheer among social media users, with many users congratulating the company.
"Tata Group's market cap hits $365B, surpassing Pakistan's GDP! TCS alone, valued at $170 billion, equals half of Pakistan's GDP," said one user.



"GDP of Iran is nearly the same as the market cap of Tata Group," claimed another.
Earlier this month, shares of TCS hit a lifetime high, said NDTV Profit. At least eight Tata companies have more than doubled wealth in the last one year.

Situation in Pakistan​

Pakistan is facing a full-scale economic crisis, as negotiations are on among major political players in Pakistan to form the government after the recently-held elections.
According to a Reuters report, Pakistan's foreign exchange reserves stand at roughly $8 billion which barely covers two months of essential imports although it is an improvement from the $3.1 billion they were down to just over a year ago.


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Pakistan's debt-to-GDP ratio is already above 70 per cent and the International Monetary Fund (IMF) and credit ratings agencies estimate that the interest payments on its debt will soak up 50 to 60 per cent of the government's revenues this year. That is the worst ratio of any sizable economy in the world.
Post a commentFinally, a combination of tax and gas tariff hikes and a steep fall in the rupee currency have pushed inflation up to nearly 30 per cent year-on-year.
 
Source:
https://www.ndtv.com/world-news/with-356-billion-market-cap-tata-group-now-bigger-than-gdp-of-pakistan-5094105
This types of comparision is moot because nation states have un-ending people and resources against companies that have finite resources. Many such past big corporations failed and went bankrupt, but many smaller countries (economically) are still standing.
 
Very illogical comparison. GDP is measured over a year. Market value is measured at a point in time. This comparison is like comparing Ajeet's net worth at age 76 to Rajesh's income in one year.
 
Barabas said:

With $356 Billion Market Cap, Tata Group Now Bigger Than GDP Of Pakistan​

Earlier this month, shares of TCS hit a lifetime high. At least eight Tata companies have more than doubled wealth in the last one year.​

World NewsEdited by Amit ChaturvediUpdated: February 20, 2024 6:02 pm IST
With $356 Billion Market Cap, Tata Group Now Bigger Than GDP Of Pakistan

Tata Group's market cap reached $365 billion.



The shares of Tata Group have delivered stunning returns in the past one year, catapulting the market value of salt-to-software conglomerate to $365 billion (Rs 30.3 lakh crore) - more than the entire gross domestic product (GDP) of Pakistan, which is almost $341 billion. According to NDTV Profit, Tata Group is the first to touch this landmark. Tata Consultancy Services Ltd. has about half of the group's market cap with ₹ 15.13 lakh crore, followed by Titan Co. and Tata Motors Ltd, the NDTV Profit report further said.
The report has caused a cheer among social media users, with many users congratulating the company.
"Tata Group's market cap hits $365B, surpassing Pakistan's GDP! TCS alone, valued at $170 billion, equals half of Pakistan's GDP," said one user.



"GDP of Iran is nearly the same as the market cap of Tata Group," claimed another.
Earlier this month, shares of TCS hit a lifetime high, said NDTV Profit. At least eight Tata companies have more than doubled wealth in the last one year.

Situation in Pakistan​

Pakistan is facing a full-scale economic crisis, as negotiations are on among major political players in Pakistan to form the government after the recently-held elections.
According to a Reuters report, Pakistan's foreign exchange reserves stand at roughly $8 billion which barely covers two months of essential imports although it is an improvement from the $3.1 billion they were down to just over a year ago.


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Pakistan's debt-to-GDP ratio is already above 70 per cent and the International Monetary Fund (IMF) and credit ratings agencies estimate that the interest payments on its debt will soak up 50 to 60 per cent of the government's revenues this year. That is the worst ratio of any sizable economy in the world.
Post a commentFinally, a combination of tax and gas tariff hikes and a steep fall in the rupee currency have pushed inflation up to nearly 30 per cent year-on-year.
Click to expand...
why and how dose that matter to Pakistan if TATA groups total capitan is bigger than Pakistans Gross Domestic Produce ...???

cause pakistani economee ne to chalna to IMF/WB LOANs ya crude OIL on Deferred payemnts which they never pay so in short ... mangnee to inhonne bheek hi hai ;) :P
 
Guru Dutt said:
why and how dose that matter to Pakistan if TATA groups total capitan is bigger than Pakistans Gross Domestic Produce ...???

cause pakistani economee ne to chalna to IMF/WB LOANs ya crude OIL on Deferred payemnts which they never pay so in short ... mangnee to inhonne bheek hi hai ;) :p
Click to expand...



0.73069800_1697191101_data (1).jpg

Great maybe you can feed Indians now
 
A thread created to take the piss out of poverty. Great achievement by a member that had 24 accounts. Let that sink in boys. 24 KNOWN iDs and the rest hidden..............

Some of his IDs

Tanya
Swas
Jhava
Dronehunter
Barabas
Barcose
Significantlysmarter (clearly not)
Rego
Alive & Kicking
Vaqeel

and many more................
 
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