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Firms gain $57-bn valuation on American bourses

Press Trust Of India 

The seems to be returning rich dividends to Indian companies, as the valuation of US-listed entities from India has grown by a staggering $57 billion since the beginning of 2012. In the process, the 15 Indian companies listed on the US bourses (and Nasdaq) have recouped nearly half of the total loss of about $20 billion witnessed during 2011. While and have seen an erosion in their market valuations, each of the remaining 13 companies have seen their value soar on the US bourses. A few like and have recorded significant jump in their market valuations.

First Published: Thu, March 01 2012. 00:21 IST
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