11 firms ride the market wave to join ₹1-trn m-cap club
Financial Express Mumbai|November 09, 2023
Adani Energy and Vedanta exit brings number down to 57
SWASTIKA MUKHOPADHYAY & KISHOR KADAM
11 firms ride the market wave to join ₹1-trn m-cap club

AS INDIAN MARKETS scaled new highs this financial year, the market capitalisation (m-cap) of 11 companies crossed the 1 trillionmark over the past seven months, joining the club with 46 others. This is a rise of 19% over FY23.

These 11 firms include Adani Power, DLF, Hindustan Aeronautics, Jio Financial Services, Varun Beverages, IndusInd Bank, Hindalco Industries, Zomato, Godrej Consumer Products, Bharat Electronics and Cipla.

Out of these, five companies Adani Power, DLF, Hindalco Industries, Zomato and Godrej Consumer Products have rejoined the group.

Two companies - Vedanta and Adani Energy Solutions - exited this club, bringing down the final number to 57.

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