Titan Company’s market cap increased to $2.09 million
Two Tata group companies, Tata Motors and Titan, saw a strong increase in the share price. Due to this, the shareholders also benefited a lot. Due to the increase in the price of both the companies, the investors have seen strong profits. Today, the stock of both the companies saw an increase of as much as 10 percent throughout the day.
Due to the rise in Titan’s stock, Titan’s market cap has also exceeded 2 lakh crores. Due to which its shareholders are also going to benefit a lot. Tata Motors was looking quite bullish since morning. After opening at 341.40 in the morning, around 2.15 pm in the afternoon, there was an increase of 11.60 percent in the share prices. That is, the price of one share had gone up to 375. At the same time, the shares of Titan Company also increased from 2255 to 2378. Just last day it was said that Titan has benefited a lot in the month of September. Titan’s cap has now increased to $2.09 million due to the rise in share prices.
It is noteworthy that for the past several years, Tata Motors has focused its attention towards electric vehicles. In the month of September, 2 Tata cars were included in the top 10 selling cars. Apart from this, the launch of a new car has also been announced by the company, whose name has been revealed to be Tata Five.