
When the Going Gets Good
Fortune India's The Next 500 companies create new records with cumulative topline and profits hitting decadal highs.
Fortune India's The Next 500 companies create new records with cumulative topline and profits hitting decadal highs.
In the selloff which began on January 24, Adani group stocks have suffered a cumulative market cap loss of ₹11,43,702 crore.
The market cap of M&M surged to ₹1.64 lakh crore, which is more than the combined m-cap of Tata Motors and Tata Motors DVR (₹1.58 lakh crore).
The Adani group has become the second largest conglomerate in India, after the Tata group, based on total market capitalisation of ₹19.73 lakh crore as of August 22, 2022.
Siemens shares closed marginally lower at ₹2,805 on Wednesday, after hitting an all-time high of ₹2,849 in intraday trade on the BSE.
With market capitalisation of ₹4,83,680 crore, ICICI Bank has become the second-most valuable Indian bank after HDFC Bank.
Despite volatility in the broader market, these high-risk securities with small market capitalisations and zero debt have given solid returns in the past six months.
On the 37th day since taking charge, the RBI diktat—gagging HDFC Bank’s digital initiatives and addition of new credit card customers—is the first big challenge for the bank's new MD & CEO.
Balance sheets being closely watched; SBI’s price to book ratio of 0.3 times convinces the new chairman that the market values the bank well.
Foreign portfolio investors pull out ₹1.18 lakh crore this March, the highest outflow since 2002.