Tata Group's Market Cap Surpasses Pakistan's GDP
As of February 20, 2024, the combined market capitalization of several Indian companies does indeed exceed Pakistan's entire economy. Here are some key points:
- Tata Group, a large Indian conglomerate, has a market cap of around $365 billion, exceeding Pakistan's GDP of $341 billion. This means the combined value of all Tata Group companies on the stock market is larger than the total economic output of Pakistan.
- Tata Consultancy Services (TCS), a major IT company within the Tata Group, itself has a market cap of around $170 billion, which is roughly half the size of Pakistan's economy.
- Several other Indian companies also have market caps exceeding Pakistan's, including Reliance Industries, HDFC Bank, and Adani Ports.
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