Tata Motors Market Cap: Tata Motors on Tuesday became the country’s most valuable automobile company in terms of market capitalization. It has left Maruti Suzuki India (MSI) behind in this matter. The market capitalization of the company includes DVR (Differential Voting Rights) shares in addition to its valuation. Shares of Tata Motors rose 2.19 percent to Rs 859.25 on BSE on Tuesday. During trading it jumped 5.40 percent to Rs 886.30 per share. Tata Motors Ltd. – DVR share reached Rs 572.65 with a gain of 1.63 percent. Whereas Maruti shares closed at Rs 9,957.25 with a fall of 0.36 percent.
Tata Motors is the biggest gainer on Sensex and Nifty
Tata Motors’ mcap is Rs 2,85,515.64 crore while Tata Motors Ltd. -Market capitalization of DVR stood at Rs 29,119.42 crore. Overall it was Rs 3,14,635.06 crore. This is Rs 1,576.56 crore more than Maruti’s valuation of Rs 3,13,058.50 crore. Tata Motors was among the most profitable companies among Sensex and Nifty companies. DVR (Differential Voting Rights) shares are like normal equity shares but have different voting rights and dividend rights. Companies issue DVRs for reasons such as preventing forced acquisitions, connecting retail investors, etc.