4 Tata Group stocks with 3 year revenue CAGR of up to 68% to add to your watchlist

The compound annual growth rate (CAGR) is the mean annual growth rate of an investment over a period longer than one year, considering the effect of compounding. It’s one of the most accurate ways to calculate and determine returns for individual assets, investment portfolios, and anything that can rise or fall in value over time.

Here are a few Tata Group stocks with a revenue CAGR of up to 68 percent from FY21 to FY24:

1. Tata Investment Corporation Limited

With a market cap of Rs. 31,213.3 crores, the stock moved up by nearly 10.3 percent to Rs. 6,343.8 on BSE, during the trading session of Tuesday.

Further, the revenue of Tata Investment Corporation increased by a CAGR of nearly 33 percent to Rs. 385 crores in FY24, as against Rs. 163 crores in FY21.

Tata Investment Corporation Limited is an NBFC registered with the RBI and is primarily engaged in the business of investment in listed and unlisted equity shares, debt instruments, mutual funds etc. of companies in various industries.

2. Titan Company Limited

With a market cap of Rs. 2.83 lakh crores, the stock moved up by nearly 1.3 percent to Rs. 3,212.75 on BSE, during the trading session of Tuesday.

Further, the revenue of Titan Company increased by a CAGR of nearly 33 percent to Rs. 51,084 crores in FY24, as against Rs. 21,644 crores in FY21.

Titan Company Limited is primarily involved in the manufacturing and sale of watches, jewellery, eyewear and other accessories and products.

Also read: CG Power & other semiconductor stocks with Capex plans of up to ₹67,000 Cr to keep an eye on

3. Indian Hotels Company Limited

With a market cap of Rs. 1.03 lakh crores, the stock moved up by nearly 0.7 percent to Rs. 733.2 on BSE, during the trading session of Tuesday.

Further, the revenue of Indian Hotels Company increased by a CAGR of nearly 63 percent to Rs. 6,769 crores in FY24, as against Rs. 1,575 crores in FY21.

The Indian Hotels Company Limited is primarily engaged in the business of owning, operating & managing hotels, palaces and resorts.

4. Trent Limited

With a market cap of Rs. 1.76 lakh crores, the stock moved up by nearly 1.2 percent to Rs. 5,135.4 on BSE, during the trading session of Tuesday.

Further, the revenue of Trent increased by a CAGR of nearly 68 percent to Rs. 12,375 crores in FY24, as against Rs. 2,593 crores in FY21.

Trent Limited is engaged in retailing of apparel, footwear, accessories, toys, games, food, grocery & non-food products through various of its retail formats/ concepts.

Written by Shivani Singh

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