 "Bharti, Bajaj, RIL groups top m-cap charts despite economic slowdown")
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 and mining, were punished by equity investors.
Sunil Mittal-promoted Bharti group
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 and mining, were punished by equity investors.
Sunil Mittal-promoted Bharti group
