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Tata Sons listing could unlock value in Tata group stocks after recent selloff
Each of these three companies hold 2.5-3% stake in Tata Sons, the group’s holding company. In all, seven listed and two unlisted group companies hold between 0.4% and 3.1% stake each in Tata Sons.
For Tata Chemicals, the estimated value of its 2.5% stake in Tata Sons is around ₹30,000 crore, nearly two-times its market cap of ₹15,597 crore. The stock has lost 18% in three months and 20% year-to-date.
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Tata Sons’ market valuation is estimated to be ₹11.9 lakh crore based on the value of its stakes in group companies.
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Each of Tata Steel and Tata Motors PV owns around 3.1% stake in Tata Sons, amounting to ₹36,348 crore or 16% and 33% of their respective market caps in that order.
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Other group companies including Indian Hotels, Tata Consumer and Tata Power hold 0.4-1.6% stake in Tata Sons. Together, these six companies hold an estimated ₹1.4 lakh crore worth of shares in Tata Sons.
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