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Tata Motors Surpasses General Motors in Market Valuation

31 Jul, 2024

Tata Motors' market valuation has soared past $50 billion, surpassing US-based General Motors, which stands at $49.6 billion.

This achievement marks a significant milestone for Tata Motors, which was less than half the size of GM just a year ago. The 50% rally in Tata Motors' shares since early 2024 contributed to this surge. Additionally, the company's revenue exceeded $50 billion for the first time in FY24, with a net profit of $3.8 billion.

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