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India's Rs 1-trillion market cap club triples in the past decade: Report

A decade ago, there were only 10 companies in the coveted club

m cap, market capitalisation
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A decade ago, there were only 10 companies in the coveted club

Samie Modak Mumbai
The number of listed companies with a market value of more than Rs 1 trillion has grown three- fold in the past decade. On the last trading day of 2018-19 (FY19), there were 30 companies with market capitalisation of over Rs 1 trillion. A decade ago, there were only 10 companies in the coveted club. At the peak of the 2007-08 market boom, there were only 15 companies. 
 
However, following the global financial crisis, the number of companies in the Rs 1-trillion universe shrunk to just four. With an 81 per cent rebound in the market in FY10, the number

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First Published: Mar 31 2019 | 8:51 PM IST

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