In the last financial year 2024-25, only five companies could join the club with market capitalization more than Rs 1 lakh crore because in the second half of the year, the fast selling in the market almost ended the initial lead.
At the end of FY 2025, the market price of 86 domestic listed firms was more than Rs 1 lakh crore. There were 81 such companies a year ago. In the first six months of FY 2025, the number had increased to 106. But from the end of September to the beginning of March, the list was shortened due to a steep fall in the prices of shares.
During the year, about a dozen companies joined the club with a market capitalization of one lakh crore rupees. These include Divise Laboratories, Bajaj Holdings and Investment, Hyundai Motor India (recently listed), Shriram Finance, Majhgaon Dock Shipbuilders. Meanwhile, eight companies were eliminated from the list. These include IndusInd Bank, Indian Overseas Bank, Canara Bank, Dr. Reddy Laboratories, Adani Total Gas and Zaidas Lifesains.
The last financial year proved to be sluggish in terms of shares. The Nifty increased by 5.3 per cent and the Sensex by 7.5 per cent. Both of them achieved the lowest annual growth since 2022-23. Nifty Midcap 100 increased by 7.5 per cent and Nifty Smallcap 100 respectively.
Compilation: Sameer Moulonkar
First Published – April 6, 2025 | 10:29 PM IST