Amidst the increasing uncertainties in the domestic and global markets, Tata Sons boss i.e. Chairman N Chandrasekaran has alerted the CEOs of all the Tata Group companies. According to the information, he has asked the CEOs of the companies to increase the earnings and growth of the companies. He has stressed to the CEOs of the companies to take advantage of the opportunities and move forward with bold ambitions. In fact, Tata Group’s results in the second quarter were quite mixed. Whereas the focus of group companies is on growth. Tata has invested a lot in aviation, electronics and digital sectors in the last few years. Tata Sons is the holding company of the $375 billion Tata Group. Let us also tell you what the super boss of Tata Sons has said to the group companies.
Chairman of Tata Sons alerted
ET report quoting Tata Group companies said that Tata Sons Chairman N Chandrasekaran said during the internal strategy and business review that margins can be adjusted in time, but growth opportunities should be seized immediately. It is quite important. He said that a lot of capital allocation has been done. Revenue targets have been set on the same basis. The current market cap of Tata Group is $375 billion. Whose holding company is Tata Sons. At present, the entire focus of the Chairman of Tata Sons is on accelerating the growth of the group. This is the reason why they are asking the CEOs of companies to focus on this.
Decline in profits of many companies
The ET report quoted an official associated with the company as saying that the chairman has made it clear that quarterly results should not be used as an excuse. Everyone’s focus and target should be scalable profitable growth. However, no official statement has come from Tata Sons. However, this comment made by the Chairman of Tata Sons has come at a time when more than 15 companies including TCS, Tata Motors, Tata Steel and Tata Power have seen revenue in single digits for the first half of FY 2025. Is. There has also been a decline in the profits of the companies.
What is the situation in the stock market?
If we look at the performance of Tata Group companies in the stock market, a decline is seen in TCS, Tata Chemicals, Tata Consumer Products, Tata Communication, Tata Investment. On the other hand, the shares of Tata Motors and Tata Steel are seeing an increase of 0.45 percent and .072 percent respectively. Titan shares are trading with a rise of 0.35 percent. Shares of Tata Power are seeing an increase of 0.57 percent, Voltas 1.30 percent, Trent 1.21 percent and Nelco shares are seeing an increase of about 3 percent.