26 groups join Rs 1000 cr market cap club

(In Rs crore)

Mar 31,04

Apr 13,05

% chg

Walchand

317.8

1193.81

275.65

Chhabria

341.09

1257.57

268.69

Nagarjuna

562.78

1705.86

203.11

Videocon

454.96

1342.04

194.98

C K Birla

348.54

1024.4

193.91

M P Birla

566.63

1618.12

185.57

H S Singhania

452.07

1123.53

148.53

Modi

440.2

1083.22

146.08

S P Oswal

605.58

1394.76

130.32

Lakshmi

623.71

1327.1

112.78

Aptech

801.41

1693.96

111.37

Amtek

959.17

2023.27

110.94

D P Jindal

564.42

1166.64

106.7

Kirloskar

961.98

1978.81

105.7

 These business houses have interests in sugar, engineering, construction and steel sectors, and all these sectors have gained significantly in the last one year. The market prices of these sector stocks have appreciated more than 100 per cent in the last one year.  The total market value of the five Walchand group companies appreciated by 276 per cent from Rs 318 crore on March 31, 2004 to Rs 1,194 crore on April 13, 2005.  The share price of group firm Hindustan Construction Company (HCC) zoomed up by 390 per cent from Rs 106.85 on March 31, 2004 to Rs 524.25 in last one year.  Acrow India, Ravalgaon Sugar and Walchand Capital are the other group companies whose share price has gone up by more than 60 per cent during the period.  The market value of seven Chhabria group companies has appreciated 269 per cent from Rs 341 crore to Rs 1,258 crore. The market price of Mather & Platt, Hindustan Dorr Oliver, Mather & Platt Pumps and Shaw Wallace has increased by more than 250 per cent during the year.  The total market capitalisation of Nagarjuna group companies, including Nagarjuna Constructions, Nagarjuna Agrichem and Nagarjuna Fertilisers has increased by 203 per cent to Rs 1,706 crore in the last one year.  The share price of Nagarjuna Constructions went up more than four times from Rs 151.94 to Rs 663.50 and of Nagarjuna Agrichem from Rs 28.15 to Rs 114.15.  The aggregate market capitalisation of the C K Birla group appreciated by 194 per cent from Rs 349 crore to Rs 1,024 crore during the period.  The Videocon group