Tata Steel Becomes Tata Group’s Fourth-Largest Company by Market Cap

Tata Steel Ltd has surpassed Trent Ltd in market capitalization, reclaiming its position as the fourth-largest company within the Tata Group. As of March 6, 2025, Tata Steel’s market capitalization stands at ₹1.88 lakh crore, which is ₹9,600 crore higher than Trent’s valuation of ₹1.78 lakh crore.

As of March 7, 12:13 PM, Tata Steel Ltd was trading at ₹150.10, down 0.23% today, but up 8.52% in the past month, while Trent Ltd is at ₹5,014.55, down 1.08% today and 8.06% lower over the past month.

Stock Movement and Market Cap Changes

Trent had previously overtaken Tata Steel in market cap seven months ago, when its stock hit an all-time high of ₹8,345 per share in October 2024. At that time, the gap between the two companies was ₹95,000 crore, with Trent holding a major lead. However, Trent’s stock has declined 40% from its peak, leading to a drop in its market capitalization.

Meanwhile, Tata Steel’s stock has increased by 21% from its January lows. On March 6, the stock saw a 3% rise on the BSE, contributing to its higher market valuation.

Market Cap Share

Tata Steel now accounts for 6.9% of the Tata Group’s total market capitalization, compared to Trent’s 6.5%. The Tata Group’s overall market capitalization currently stands at ₹27.5 lakh crore, making it India’s largest conglomerate.

In October 2024, Trent’s market cap stood at ₹2.93 lakh crore, briefly surpassing Avenue Supermarts (D-Mart), which had a valuation of ₹2.73 lakh crore at the time. However, a decline in Trent’s stock price has since reduced its market cap.

Performance of Tata Group Stocks in 2025

Among Tata Group companies, only three stocks have delivered positive returns in 2025 so far:

• Benares Hotels: 47% gain
• Tata Steel: 21% gain from January lows
• Tata Consumer Products: 4% gain

Conclusion

Tata Steel’s increase in market capitalisation has changed its ranking within the Tata Group, while Trent’s decline reflects a shift in stock performance trends over recent months.

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