Eight leading promoter-controlled business houses have emerged as the new Corona warriors for the stock market, with their group market capitalisation rising faster than the 23 per cent gain for the entire universe of companies listed on the BSE. Of these, six have outperformed the broad market substantially.
They are the Mukesh Ambani, Bharti, Adani, Sun Pharma, Vedanta, and Shiv Nadar groups, clocking 30 per cent plus gains. The Aditya Birla and Radhakishan Damani groups too have beaten the average increase since the lockdown. Growth has been calculated on the basis of the market cap of ...
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First Published: Fri, May 29 2020. 00:47 IST
