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Follow on Google News | Seventeen business groups, led by Tatas, join trillion-rupee stock wealth club says Sachin KarpeTata organization commands a gratefulness that is larger than a total marketplace top of a dual nearest rivals — HDFC organization and Mukesh Ambani-led RIL organisation on a gratefulness charts.
By: Business Consultant Tata organization commands a gratefulness that is larger than a total marketplace top of a dual nearest rivals — HDFC organization and Mukesh Ambani-led RIL organisation on a gratefulness charts. Tata organisation has some-more than 30 listed companies, while TCS also happens to be a country’s many valued organisation with a marketplace value of over Rs 4.3 lakh crore. The election results will be announced on May 16 and there are widespread expectations about Sensex achieving 23,000-point level by that time says Sachin Karpe. 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 (Rs 3.2 lakh crore), RIL group (Rs 3.07 lakh crore), ITC (Rs 2.7 lakh crore) and Infosys (Rs 1.8 lakh crore). Others include Vedanta, Bharti, Aditya Birla, Sun Pharma, ICICI, L&T, Mahindra, Wipro, HUL, Adani, HCL and Bajaj groups. 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. Adani organization has witnessed a pointy convene in a past 3 months and a shares of a 3 listed companies ( Adani Enterprises, Adani Power and Adani Ports) have soared forward by 40-101 per cent. Their common marketplace value has grown by some-more than Rs 40,000 crore in this duration to Rs 1.03 lakh crore now says Sachin Karpe. Among private zone companies, Tata organization has got dual companies (TCS and Tata Motors) in this list. At the individual company level also, there are 17 companies with a market capitalization of Rs one lakh and more, but these include three PSUs ( ONGC, Coal India and SBI). Sensex is currently trading near 22,700 points and has gained more than 10 per cent or over 2,500 points in the past three months and traders largely attribute to expectations for a reforms-friendly and a stable government after the elections. To know more about Sachin Karpe kindly visit his homepage http://www.sachinkarpe.net or his blog http://karpesachinn.wordpress.com/ End
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