Trent becomes 5th Tata Group company to breach Rs 1 lakh-crore market cap

Trent becomes 5th Tata Group company to breach Rs 1 lakh-crore market cap

Trent, the Tata Group company, has become the fifth stock to cross the market capitalisation of Rs 1 lakh crore. Other Tata Group stocks with market caps over 1 lakh crore include Tata Consultancy Services (TCS), Titan, Tata Motors, and Tata Steel. Trent’s market cap currently stands at Rs 100,332.78 crore. The stock has delivered multibagger returns of 109% in 2023, outperforming Nifty50. Trent is trading above its 50-day and 200-day simple moving averages, indicating a bullish trend.

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TIS Staff

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