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In Ahmedabad-based Gautam Adani-led firms, valuations for
It grew the fastest 139 per cent to Rs 4.50 lakh crore, the report said, pushing it to the sixth position from 16th position six months ago.
The report said that there was an increase of about 190 per cent to Rs 66,427 crore and a growth of 157.8 per cent to Rs 66,185 crore. Adani The group combined saw an increase of 88.1 per cent in its value to Rs 17.6 lakh crore and 7.6 per cent stake in the top 500 companies.
“The Adani Group companies increased their value by 88.1 per cent in the period under review, while those by the top 500 companies increased by only 2 per cent,” the report said.
The value of the top 500 companies in India rose marginally by 2 per cent to Rs 232 lakh crore as on October 30, 2021 from Rs 221 lakh crore.
Despite modest growth, companies in the list of non-state-owned companies outperformed the BSE Sensex (down 4 per cent) or Nasdaq (down 17 per cent). ,
“Indian companies have weathered the storm and outperformed their global peers. This reflects the inherent strength and depth of the Indian economy,” said Anas Rehman Junaid, Managing Director and Chief Researcher, Hurun India.
Among unlisted companies, the National Stock Exchange led with a jump of 35.6 per cent in its valuation to Rs 2.28 lakh crore, while Serum Institute of India declined 4.6 per cent to Rs 1.75 lakh crore and Byju’s jumped 24.7 per cent. With Rs. 1.68 lakh crore.
Companies that saw a decline in valuations and a drop in rankings, Patanjali Ayurved, run by Yoga exponent Ramdev, saw their value drop by 17.9 percent to Rs 23,000 crore, and also ranked 184th from 34th in the rankings. Dropped.
The most profit was made by
With an increase in valuation of 313.9 per cent, it was followed by Adani Wilmar and BillDesk with an increase of 172.9 per cent, it said.
Banking sector rivals ICICI Bank and HDFC Bank displayed a declining trend in value, with the second largest lender limiting the decline to 3.9 per cent, while HDFC Bank was down by over 15 per cent.
The minimum valuation to make it to the top 500 valuation list was Rs 5,800 crore or USD 760 million, and led companies on the list came from 15 states. Maharashtra, Mumbai alone has 159 companies, followed by 59 in Bengaluru and 38 in Gurugram. PTI AA HVA
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