TATA Group is one of India’s largest conglomerates, comprising 30 companies across ten verticals. The group operates in over 100 countries across six continents.
Tata Sons is the principal investment holding company and promoter of Tata Companies. The group imprints are found in a wide range of sectors. As of March 31, 2024, there are 26 publicly traded Tata companies with a total market value of $365 billion (Rs 24 trillion).
Listed below are three Tata group stocks with high Foreign Institutional Investors holdings upto 27%
Tata Steel Ltd
Tata Steel Ltd is a well-diversified company. The company is present throughout the steel manufacturing value chain, from mining and processing iron ore and coal to producing and distributing finished products,with an annual crude steel production capacity of 35 MTPA.
Tata Steel’s management has planned a major expansion plan to double its production capacity to 40 million tonnes per annum (MnTPA) by 2030. Recently, Tata Steel announced a £1.25 billion ($1.6 billion) investment in a new electric arc furnace (EAF) at its Port Talbot plant in the UK.
As of June, the shareholding pattern shows that the company promoter holds a 33.19% stake, Foreign Institutional Investors (FII) own 19.68%, and Domestic Institutional Investors (DII) have a 23.33% stake.
The company’s revenue has decreased by 5.8% year-over-year, from ₹2,43,353 crore in FY22-23 to ₹2,29,171 crore in FY23-24. During the same period, net profit has fallen from a profit of ₹8,075 crore to a loss of ₹4,910 crore.
Tata Steel Ltd shares have gained 7 percent in the last six months and 26 percent in the last 12 months. On Friday, Tata steel Ltd shares closed at ₹152 per share, up 1.01% from the previous close price.
Tata Consumer Products Ltd
Tata Consumer Products Ltd is the second-largest branded tea company globally and serves over 201 million households in India. The company has a significant presence in both the domestic and international food and beverage industries.
As of June, the shareholding pattern reveals that company promoters hold a 33.55% stake, Foreign Institutional Investors (FII) own 24.12%, and Domestic Institutional Investors (DII) hold 18.69%.
The company is intensifying its focus on the South Indian market by implementing a localized distribution network, adapting its advertising campaigns, and customizing its products. To enhance its global product portfolio, Tata Consumer Products is expanding its non-black tea segment and introducing ethnic ready-to-eat and ready-to-cook items.
According to the latest report, the company has increased its R&D spending by 70% and launched 34 new products in the past year. For FY23-24, it has allocated a capital expenditure plan of ₹400 crore.
The company’s revenue grew by 10.3% year-on-year, from ₹13,783 crore in FY22-23 to ₹15,206 crore in FY23-24. However, during the same period, net profit declined by 8%, from ₹1,320 crore to ₹1,215 crore.
Tata Consumer Products Ltd shares have gained 5 percent in the last six months and 37 percent in the last 12 months. On Friday, Tata Consumer Products Ltd shares closed at ₹1,184 per share, up 0.49% from the previous close price.
Trent Ltd
Trent Ltd is engaged in retailing of apparel, footwear, accessories, toys, games, food, grocery & non food products through various of its retail formats/ concepts.
As of 2024, Trent Ltd operates 232 Westside stores, 545 Zudio stores, and 66 Star Bazaar locations across India. The company also has a 49:51 joint venture with Inditex to operate Massimo Dutti stores in India.
Inditex Trent Retail India Pvt Ltd, a joint venture between Trent Ltd (49%) and Inditex (51%), enabled Zara to enter the large and competitive Indian market.This partnership combines Zara’s fashion expertise with Trent’s local market knowledge.
According to the latest shareholding pattern as of June, the company promoter holds a 37.01% stake, Foreign Institutional Investors (FII) hold 27.87%, and Domestic Institutional Investors (DII) hold 13.18%.
The company’s revenue has increased by 83 percent yearly, from ₹4,498 crore in FY22-23 to ₹8,242 crore in FY23-24 During the same timeframe, Net profit has increased by 1025 percent from ₹35 crore to ₹394 crore.
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Trent shares have gained 68 percent in the last six months and 253 percent in the last 12 months. On Friday,Trent Ltd shares closed at ₹6,277 per share, up 11.21% from the previous close price.
Written by Omkar Chitnis
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