Gautam Adani’s Adani Group on path to challenge Ratan Tata’s Tata Group, which is bigger in market cap?

The Tata Group is 150 years old, while the Adani Group has established itself over the past five decades. Interestingly, the Adani Group is trying to match its presence in each segment to provide healthy competition to one of the nation’s oldest companies.

The Tata Group has a rich history in business that has spanned over a century, while the Adani Group is a fast-growing company with a strong presence in various sectors.

The Tata Group is 150 years old, while the Adani Group has established itself over the past five decades. Interestingly, the Adani Group is trying to match its presence in each segment to provide healthy competition to one of the nation’s oldest companies.

One can observe that the Tata Group has a presence in steel, automobiles, IT, fashion, retail, and other segments, while the Adani Group is primarily engaged in airports, ports, green energy, and cement sectors. Both groups have overseas businesses and a robust market presence.

The Tata group has a market cap of Rs 33.9 lakh crore while the Adani group has a market cap of Rs 17.9 lakh crore. The largest company of Tata group is Tata Consultancy Services (TCS) which has a market cap of Rs 14.88 lakh crore. TCS became a publicly listed company in August 2004. Tata Group’s other companies are Trent, Tata Motors, Titan, Tata Power, Indian Hotels Company Limited and Tata Consumer Products.

The largest company of Adani group is Adani Enterprises which has a market cap of Rs 3.47 lakh crore. It is a multinational company. Initially, the company was trading in coal and mines but airport operations, food oil , rail and water infrastructure and data centre have also been included. It has several subsidiary companies.

In 1999, Adani Enterprises became a publicly listed company. Since then it has given returns to the investors. The company has given more than 25% returns to investors in a year. The other companies of Adani group are Adani Ports, Adani Green, Adani Power, Adani gas, Adani cements and Adani Wilmar.

After Ratan Tata’s demise, Noel Tata has taken over the reins of the Tata Group, and the company may take significant decisions soon. Meanwhile, the Adani Group is rapidly expanding its presence in the cement, power, and airport sectors. Notably, Ambuja Cements, part of the Adani Group, recently announced plans to acquire Orient Cements Limited.