17 Business Groups Join Trillion-Rupee Stock Wealth Club

The ongoing rally has seen at least 17 business houses attaining a market value of Rs 1 lakh crore and more. On this list, Tatas are followed by HDFC Group (3.2 lakh crore), RIL group (Rs 3.07 lakh crore), ITC (2.7 lakh crore) and Infosys (1.8 lakh crore).

Others include Vedanta, Bharti, Aditya Birla, Sun Pharma, ICICI, L&T, Mahindra, Wipro, HUL, Adani, HCL and Bajaj groups.

Among these, Adani group has witnessed a sharp rally in the past three months and the shares of its three listed companies (Adani Enterprises, Adani Power and Adani Ports) have soared ahead by 40-101 per cent. Their collective market value has grown by more than Rs 40,000 crore in this period to close to Rs 1.03 lakh crore now.

There are a few groups which have got just one listed company, while others have multiple listed companies. The PSU companies have not been included into the study, as they do not belong to any particular business group and have got government as their main promoters.

RIL group has got two listed companies, while HDFC has got three (HDFC, HDFC Bank and Gruh Finance). Those with multiple listed companies also include Vedanta, Bharti, Aditya Birla, Sun Pharma, L&T, Mahindra, Adani, HCL and Bajaj groups.

At the individual company level also, there are 17 companies with a market capitalisation of Rs one lakh and more, but these include three PSUs (ONGC, Coal India and SBI).

Among private sector companies, Tata group has got two companies (TCS and Tata Motors) in this list.

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