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Bharti, Bajaj, RIL groups top m-cap charts despite economic slowdown

At the other end of the spectrum, Essel Group topped the list of losers, followed by Vedanta and Munjal (Hero) group

Krishna Kant  |  Mumbai 

It’s not all gloom and doom for India’s top business groups, despite a general slowdown in the economy. Quite a few of the industrial houses witnessed strong double-digit growth in their market capitalisation (m-cap) in the current calendar year, as investors moved their money to large-cap stocks away from mid- and small-caps.

Groups with market leadership in sectors such as consumer goods, retail lending, and information technology services have benefitted. In comparison, groups with exposure to troubled sectors such as automotive, capital goods, infrastructure, and metals ...

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First Published: Tue, December 24 2019. 22:26 IST
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