Adani group is now India's most valued conglomerate, overtakes Tata
At Friday’s close, the market value of all listed stocks of Adani Group stood at $278 billion, higher than Tata Group’s $260 billion.
Mukesh Ambani-led Reliance Group is in third position with market capitalisation (market cap/value) of Rs 17.16 trillion ($220 billion).
In comparison, Tata Group has 27 listed companies, of which Tata Consultancy Services (TCS) accounts for 53 per cent of its market cap.
The Mukesh Ambani group has nine listed companies.
The gap between Mukesh Ambani and Adani has widened by 40 per cent.