N Chandrasekaran-led Tata Group continued to make investors richer on Dalal Street in 2023 as the combined market capitalisation of 27 Tata stocks rose by about Rs 613,000 crore in the calendar year when the storied conglomerate delivered at least three multibaggers with returns going as high as 218%.
Tata Group may be looking at a strategy employed by Asia's richest man Mukesh Ambani as the salt-to-software conglomerate looks to grow its digital business.
The billionaire CEO whose firm inked major deals with Mukesh Ambani's Reliance and Ratan Tata-led Tata Group is the 26th richest person in the world currently.