In m-cap terms, Tata Steel now second-biggest titan of group companies

Amid a sharp rally in the stock, the steelmaker overtakes Titan after a gap of nearly 6 years

Tata Steel’s stock price and market capitalisation (m-cap) continue to break new ground as investors bet on the spike in the company’s profits in the forthcoming quarters.
 
On Monday, the steelmaker overtook Titan Company to become the second-biggest in terms of m-cap among Tata group companies, after Tata Consultancy Services (TCS). At the end of September 2020, it was ranked fifth in m-cap among group companies, after TCS, Titan, Tata Consumer, and Tata Motors.
 
Titan — a relatively smaller company in terms of revenues and assets — first overtook Tata Steel in terms of m-cap in March 2015.