Tata's ₹10 lakh crore wipeout drags Trent, TCS as governance cloud thickens
Tata Group's listed market cap has shed nearly ₹10 lakh crore since September 2024, falling 28.7% to ₹24.4 lakh crore amid succession uncertainty at Tata Trusts and Sons. Retail-facing Trent is down ~40%, with Tata Motors and Tata Consumer also bruised by FPI outflows.
Tata Group listed companies have lost nearly ₹10 lakh crore in market cap since Ratan Tata's death amid governance and succession uncertainty at Tata Trusts/Sons, with Trent, TCS and Tata Motors among retail-linked names hit by sharp FPI pullback.
Why this matters
Extends the FPI-driven selloff in Tata names, where foreign investors have been trimming stakes while retail investors absorb the correction. Trent's 40% drop signals retail-arm contagion from group-level governance worries.
Retail-company signals steady at 629 over 90 days, with Tata governance now a dominant thread.