Billion-dollar club: 49 firms exit, 23 make entry
Financial Express Mumbai|April 05, 2023
INFORMATION TECHNOLOGY FIRMS accounted for a fifth of the companies that exited the billion-dollar market cap club in FY23. On the other hand, banks/financials and capital goods were investors' favourite among those that entered the illustrious club.
- SIDDHANT MISHRA KISHOR KADAM
Billion-dollar club: 49 firms exit, 23 make entry

In all, of the 393 companies in the billion-dollar bracket as of FY22, a total of 49 firms exited, while 23 made an entry, taking the number to 367 at the end of FY23.

The rupee, it is worth noting, depreciated 8.43% against the greenback during the financial year. It slid from 75.79 to a dollar in FY22 to 82.18 as of FY23.

この蚘事は Financial Express Mumbai の April 05, 2023 版に掲茉されおいたす。

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この蚘事は Financial Express Mumbai の April 05, 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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