Showing posts with label BT 500: INDIA'S MOST VALUABLE COMPANIES. Show all posts
Showing posts with label BT 500: INDIA'S MOST VALUABLE COMPANIES. Show all posts

21 November 2010

BT 500: India's most valuable companies




The buzz is back - and the upswing in valuations is the best indicator of the turnaround in not just sentiment on the street but also of fortunes of corporate India. As the economy leaves most of the world behind and gets set to clock 8.5 per cent growth in the current financial year, India Inc. is riding a boom in increased domestic consumption even as it slowly but surely conquers new markets overseas.

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Investors, primarily of the foreign institutional variety, have sensed the upside. The overseas moneybags have pumped all of $23.5 billion into Indian equities in 2010. That is reflected in the growth in market capitalisation in the first half of the current financial year - which is what Business Today considers for its rankings.

The overall market value of the BT 500 companies is up smartly by 42 per cent; the 500 to 1,000 pack has made investors richer by 74 per cent, and the 50 companies in the public sector undertaking listing are more valuable by 23 per cent than a year ago. That's a smart recovery from the downturn of the previous study in 2009, when the top 500 lost 7.32 per cent in value and the second half of the list had 30 per cent of their wealth eroded.

 In numbers

Leading that resurgence are good old blue chips like Tata Steel, Tata Motors, Hindalco and Sterlite, which have benefited from 
robust growth in sales (of autos, for instance), and an upturn in prices of commodities like steel, aluminium and copper. Hindalco and Tata Steel also gained because investors are once again seeing brighter prospects for the big-ticket acquisitions made a few years ago - of Novelis in Canada and Corus, now renamed Tata Steel Europe, respectively. Tata Motors is also reaping the benefits of a pretty sensational turnaround in the performance of Jaguar and 
 
Land Rover, the two brands it had acquired from Ford Motor. Lower down the charts, relatively new-age sectors like aviation and organised retailing have kept investors busy, with SpiceJet and Shopper's Stop returning to the black.

The disappointments? Perhaps the biggest one is at the top of the heap: Mukesh Ambani's Reliance Industries, which has traditionally been an investor favourite, has underperformed as investors are not confident about its ambitious expansion plans. Ditto with the companies in Anil Ambani's stable, which have to convince the street that they can execute mega-projects . The telecom pack, too, has come under pressure after nearly eight years of rahrah growth. That's reflected in another top-level shuffle, where Bharti Airtel has lost 24 per cent in value, and is down two places to No. 4, and the rest of our BT 500 features for more.

 Src: Businesstoday.in, RedHerring

03 December 2007

BT 500: INDIA'S MOST VALUABLE COMPANIES

Business Today, December 16, 2007
BT 500: INDIA'S MOST VALUABLE COMPANIES

Cover Story Fast can’t last
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India's Most Valuable Private Sector Companies

India's Most Valuable Public Sector Companies

The Next 500: Companies 501-1000

Mapping the BT 500
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From the Business Today's Digital Version

How we arrived at the BT 500
This is the 15th edition of BT 500, which means we’ve been publishing this listing pretty much ever since Business Today was launched.
The new boomers
Real estate - Ringing in gains
Bharti Airtel vs Reliance Communications

Editorial Realty show

Policy Watch Talebearer

Leadership Spotlight
Big brand, big ideas

Money
It’s a roller coaster ride

Current
MNCs’ second wind

Trends
India the riskiest economy

More @ eMagazine - BusinessToday

Source: http://businesstoday.digitaltoday.in. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.