Tata Sons Overtakes GOI As The Promoter Of Listed Companies

Tata Sons overtakes the government as the promoter of listed companies, becoming the country’s largest promoter company.

Tata Sons have emerged as the largest promoter company in the country as domestic stock markets reach new heights.

According to reports, Tata Sons has also overtaken the government as a promoter of listed companies by the end of last year.

Earlier, for the last two decades, the government was the country’s largest promoter in terms of listed companies.

Tata Sons’ stake in its listed companies increased by 34 percent last year, taking its total value to Rs 9.28 lakh crore. At the same time, the government’s stake in its listed companies was worth Rs 9.24 lakh crore at the end of last year.

At the same time, the share of government of its listed companies has fallen by about 20 percent during the last year.

At the end of December last year, the total market capitalization of Tata Group listed companies reached Rs 15.6 lakh crore.

From that, it stood at Rs 11.6 lakh crore at the end of last year.

At the same time, the total market capitalization of central government listed companies was Rs 18.6 lakh crore at the end of 2019, which has come down to Rs 15.3 lakh crore at the end of 2020.

The main reason for this is that there has been a lot of pressure on the oil and gas PSUs during the past few years and the banking undertakings have also not benefited the government last year.

Know how much profit will come from investment in this round

The market is once again at or near new heights. But there is nothing to worry about for equity investors who want to buy stocks at a good price.

Unexpectedly, in the last round of last year, there have been many times when the market has reached a new high. So should one not invest in such a fast phase.

The Sensex has moved to an all-time high 19 times in 34 trading days since November 9 last year. In this way, more than half of the days have been when the market has touched new peak levels.

If you look at the complete history of SENSEX, it is not uncommon. This has happened 52 times before when the Sensex has reached a record high 19 times in 34 trading days.

However, this has happened before, when the market had seen a period of three times the boom. This round came in the years 1981,1992 and 2006. This is the first time since May 2006.