The worth of India's five most-valued business houses, as measured by market capitalisation of their listed group firms, stood at $ 290.1 billion (Rs 11,61,000 crore) at the end of Monday's trading.
This marks a gain of about $101.1 billion or more than 50 per cent from about $189 billion (nearly Rs 8,15,000 crore) at the end of the previous fiscal.
Among the five groups, namely Mukesh Ambani group, Anil Ambani group, Tata group, realty baron K P Singh-led DLF and Sunil Bharti-led Bharti group, the fastest growth was recorded by ADAG, whose market capitalisation more than doubled during the year.
Besides, the group led by elder Ambani saw its listed market capitalisation growing by about 80 per cent, while that of DLF rose by about 30 per cent, Bharti by about 15 per cent and Tatas by about 11 per cent.
During the course of the year, Mukesh Ambani-led group extended its lead as the country's most-valued firm, while gaining a market capitalisation of $ 99.9 billion through its three listed group companies -- Reliance Industries, Reliance Petroleum and Reliance Industrial Infrastructure Ltd.
A year ago, Mukesh Ambani group had another listed company IPCL, which was delisted and merged with RIL later.
In comparison, the group led by younger Ambani saw a new company, Reliance Power, getting listed on the bourses. Based on the fiscal-end market values, Anil Ambani group finished as second most valued with $63.7 billion, followed by Tata group at about $ 60 billion.
While Anil Ambani group currently has six listed companies, Tatas have close to 30. Groups led by Singh and Mittal have just one listed company each.
ADA Group comprises of six listed firms namely Reliance Communications, Reliance Power, Reliance Capital, Reliance Energy, Adlabs Films and RNRL, while major Tata Group firms include Tata Motors, Tata Consultancy Services and Tata Steel.
Groups led by Sunil Mittal and K P Singh came at fourth and fifth positions with $39 billion and $27.5 billion, respectively.
A year ago, Tata and Mukesh Ambani groups had total market values of about $54 billion and $53.6 billion respectively, while that of Anil Ambani group stood at just about $27.4 billion.
Mittal and Singh-led groups had market capitalisation of about $33.5 billion and $20.5 billion respectively at the end of the previous fiscal. The year-ago dollar market capitalisation figures are based on the currency exchange rates at that time.
The combined market capitalisation of all the listed companies on the Bombay Stock Exchange has also soared 50 per cent this fiscal as compared to the previous year. It stands at Rs 53,09,319 crore (Rs 53.09319 trillion) for the fiscal ending March 31, 2008 as against Rs 35,44,979 crore (Rs 35.44979 trillion) in the previous fiscal.
Besides, the benchmark index Sensex companies' combined market cap stood at Rs 23,26,429 crore (Rs 23.26429 trillion) at the end of current fiscal as compared with Rs 17,11,241 crore (Rs 17.11241 trillion) in the previous year, a growth of 36 per cent.
