iconiifl-logo-icon 1
IIFL

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

Adani Group is now second biggest in terms of total market capitalization of its companies

23 Aug 2022 , 11:37 AM

The Adani Group has surpassed the Mukesh Ambani Group to become the nation's second-largest business group in terms of market valuation. Currently, Ambani Group Cos' combined Mcap is Rs17.89 trillion, compared to Adani Group Cos' combined Mcap of Rs19.44 trillion. With a total market cap of Rs21.73 trillion on Monday, Tata Group is in first place in the league table.

But the businesses in the Adani Group still perform significantly better than those in other business groupings and the overall market on the stock exchanges. The market capitalization of Adani Group companies has increased by nearly Rs 10 trillion in the current calendar year, compared to just Rs 1.61 trillion for Mukesh Ambani Group companies, including Reliance Industries, while Tata Group companies have seen a decline in their combined MCap thus far in the year.

From Rs9.62 trillion at the end of December 2021 to Rs 19.44 trillion on Monday, the aggregate MCap of the seven listed Adani group companies has increased by two times a year to date. The aggregate MCap of the nine publicly traded firms that are a part of the Mukesh Ambani Group has increased during this time by 9.6% from Rs16.33 trillion at the end of December 2021 to Rs17.89 trillion on Monday.

Only 13 non-Adani group companies had a market value on Monday that was greater than Rs 3 trillion. This places Adani Group firms ahead of the commonly held index equities as the most valuable stocks on the bourses.

Related Tags

  • Adani groups
  • Ambani
  • economy
  • India
  • Market cap
  • news
  • reliance
sidebar mobile

BLOGS AND PERSONAL FINANCE

Images
28 Mar 2024   |   01:21 PM
Images
28 Mar 2024   |   01:02 PM
Images
28 Mar 2024   |   12:43 PM
Images
28 Mar 2024   |   12:37 PM
Read More
Knowledge Centerplus
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Knowledge Centerplus

Follow us on

facebooktwitterrssyoutubeinstagramlinkedin

2024, IIFL Securities Ltd. All Rights Reserved

ATTENTION INVESTORS
  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

RISK DISCLOSURE ON DERIVATIVES
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.