Tata Group: The best Tata group in business! Adani is the top earner in terms of profit – mssewb.org

Tata Group: The Tata Group maintained its dominance in the business map of the country. In the year just ended, i.e. 2022, Tatarstan is the best business group in the country in terms of market capitalization. But the best company in terms of profitability is Adani Group. Adani Group has made the highest profit twice in a row with this. There the Tata Group’s profit declined by 9.4% compared to 2021. In December 2021, Tata Group’s total revenue stood at Rs 23.4 trillion. There it stands at 21.2 trillion rupees in December 2022.

Despite being the best group in the country in terms of market-cap, statistics show that the market-cap of Tata Group has decreased compared to earlier. This is because the market-caps of both Tata Consultancy Services and Tata Motors of the Tata group have declined. Titan and Tata Steel maintained their positions there and brought home profits, but could not offset losses due to TCS and Tata Motors.

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Another significant change occurred in 2022. That is, in terms of market-cap, the Adani group has moved to the second place, displacing the Ambani group. Adani Group had a market-cap of Rs 9.62 trillion as of December 2021. It has more than doubled there in December 2022. Adani Group’s market-cap is Rs 19.66 trillion as of December 2022.

On the contrary, the market-cap of the Ambani group has increased. The Ambani group had a market cap of Rs 16.4 trillion as of December 2021. There it increased to Rs 17.54 trillion in December 2022. The growth rate is 6.9%. However, the family business group’s market-cap declined by 3.5%. The only exception is the Adani group. Profitability of family business groups was 46.4% in 2021. A total of 7 out of the 10 largest groups in the country have a market-cap decline in 2022.

Read More: How Adani is the richest person in the country? The mantra of success was exposed by the industrialist himself

Meanwhile, the stock price of Adani Group is doing well in the Indian stock market. It was joined by the acquisition of Ambuja, ACC Cement and NDTV. Moreover, Adani Wilmar’s IPO in February 2022 also boosted the group’s market cap. While acquisitions of Ambuja, ACC and NDTV added Rs 1.5 trillion to the group’s market cap, Adani Wilmar brought in another Rs 80,000 crore from the market.

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