look news india
Recently, the market capitalization of the Indian stock market has increased from $4 trillion to $5 trillion. It took about 6 months for the market to reach $1 trillion. During this period, Gujarat and Gujarati companies have given huge returns to investors ranging from 2 percent to 99 percent. On checking the data of 30 well-known companies of Gujarat from Bombay Stock Exchange (BSE) during 6 months, the market cap of 25 of these 30 companies has increased by Rs. 7,31,535.99 crores (about $87.84 billion). Whereas the market cap of 5 companies has decreased by Rs. 28,014.94 crores.
According to BSE data, 8 of these 30 companies have seen growth ranging from 54% to 99%. Similarly, the share price and market cap of 8 companies increased by 26-49%. There are 9 companies in this list which have seen a growth of 2-15%. However, there are 5 companies in Gujarat where investors' investment has decreased by 15%.
According to market data, the share price and market capitalization of well-known group companies such as Adani, Zydus, Arvind, Vadilal and Torrent have increased, but there has also been a rise in medium and small-sized companies such as Sheetal Ice Cream, Meghmani Group, Alembic Pharma, Kiri Industries, Astral Pipes and Deepak Nitrate. Investors of the companies have also benefited.