Business Standard

Firms gain $57-bn valuation on American bourses

Related News

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.

Read more on:   
|
|
|
|
|
|

Firms gain $57-bn valuation on American bourses

The American stock market 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 (NYSE and Nasdaq) have recouped nearly half of the total loss of about $20 billion witnessed during 2011. While Sify and Rediff.

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.

image

Read More

IABF to close $120-mn fund this year

India Agri Business Fund (IABF), a $120- million equity fund instituted in 2008 for which Rabo Equity Advisors is an investment advisor, is planning ...

Recommended for you

Advertisements

Quick Links

Market News

Sensex ends above 27,900 amid volatile session

Provisionally, the Sensex gained 134.71 points to end at 27,944.06 and the Nifty rose 27.80 points to close at 8,448.80

Sangam (India) zooms over 50% in four days on stake hike by promoter

The stock is currently trading at its record high of Rs 125 and has rallied 54% from Rs 81 on May 19.

Sagar Cements surges after turnaround in Q4

The stock surged 16% to Rs 408 after reported net profit of Rs 21.70 crore in March quarter against loss of Rs 11.36 crore in the year ago ...

SBI pares early gains post Q4 results

The stock surged 5% to Rs 305 after reported 23% year on year jump in standalone net profit at Rs 3,742 crore in March quarter.

Markets hold gains amid firm global cues

Sensex has soared 214 points to trade at 28,023 levels while the Nifty has surged 55 points to quote at 8,476 mark

 

Back to Top