Tata Group stocks have been on a tear this year as market conditions have improved and India’s economy looks stronger.
According to the Tata website, there are 17 listed Tata Group stocks at present. One more stock is likely to be added to that list soon as Tata Technologies gears up to be the conglomerate’s first IPO in nearly two decades.
The Tata Group also has several privately-held investments such as that in Air India, which it bought in early 2022.
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IT services firm Tata Consultancy Services (TCS) is group’s biggest listed firm, making up just over half the group’s listed portfolio. Titan and Tata Motors are the second- and third-largest listed stocks owned by the company, respectively.
Five Tata Group Companies are constituents of the Nifty 50 index: TCS, Titan, Tata Motors, Tata Steel and Tata Consumer Products.
Which Tata Stocks Have Performed The Best This Year?
Many Tata stocks have had a good year so far. TCS’ most recent quarterly results were strong, with its profit rising 16.8% from a year ago to ₹11,074 crore. Meanwhile, Titan recorded a revenue growth of 20% year-over-year in the April-June period, saying all key consumer businesses exhibited “double-digit growth in the quarter”. The stock has continued its bull run even though Citi expects some moderation in demand for gold.
Overall, Tata Group stocks gained 14% on average so far this year, outperforming the benchmark Nifty 50’s returns of 8.3%.
In fact, all but one Tata stock have delivered positive returns to investors, with 10 stocks returning more than 10%, year-to-date.
Tata Motors has been the clear best performer in percentage terms, with returns of 57% since the start of the year. The company’s operational results have been upbeat and the company in May even declared its first dividend in seven years. Tata Motors also owns Tata Technologies and stands to gain from the latter’s imminent IPO.
The firm has also been looking to invest more in its Jaguar Land Rover business and lean into more electric vehicles as part of its offerings.
Only household appliances firm Voltas has delivered negative returns to shareholders among Tata Group stocks so far this year.
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