Tata Sons Chairman Chandrasekaran’s strategy may add USD 10 billion in group’s mcap
DSIJ Intelligence / 15 Jul 2017
A leading research agency reported that market cap of Tata Chemicals Tata Steel, Tata Motors, Voltas, Tata Global Beverages, and Titan may grow by more than USD 10 billion in value, if the new chairman N Chandrasekaran's strategy for the USD 103 billion in value if Tata Group plays out well.
A leading research agency reported that market cap of Tata Chemicals Tata Steel, Tata Motors, Voltas, Tata Global Beverages, and Titan may grow by more than USD 10 billion in value, if the new chairman N Chandrasekaran's strategy for the USD 103 billion in value if Tata Group plays out well.
CitingChandrasekaran's strategy, the research agency talked of improvement of return ratios, simplicity in structure and holding,focus on domestic consumption and leveraging the brands better, ensuring relevance in all sectors it is present in and digital initiatives in the group.
In February,Chandrasekaran took over as the chairman of Tata Sons, the holding company of Tata Group.
Expecting20-40% gain for individual covered stocks, the research firm stated that any debt reduction in other companies could improve the enterprise value of the group.
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