New Delhi, Oct. 9 -- Amid the recent market consolidation, the Tata Group, often seen as a bellwether for India's corporate landscape, has surprised investors in 2025. But, not for the usual reasons.

The market value of the group's 16 largest companies has declined by $75 billion so far this year - the lowest in the last two years.

Of the total decline, over one-fifth (about $20 billion) has been wiped out since 19 September, following the US announcement of stricter work visa rules.

This sharp drawdown occurred at a time when broader markets have been gradually recovering from their lows in mid-2025, making the underperformance even more striking.

A few have fallen nearly 50% from their 52-week highs, raising the need for a closer lo...