I doubt TIC has valued their unquoted equity share correctly,
Here are my findings for some unquoted shares holdings by TIC.
| Company | FY 2021 consolidated EPS | Vlaue per share as per TIC |
|---|---|---|
| Tata Capital | 3.20 | 40.30 |
| NSE | 70.20 | 1198.65 |
| Tata Asset Managment | 51.82 | 23.15 |
| Tata Industries | -61.32 | 167.55 |
| Tata Sons | 310872.00 | 59285.30 |