Business Standard

India-focused cos cross $6 bn mkt cap on AIM

Image

Press Trust of India New Delhi

The market capitalisation of a total of 23 India-focused firms listed on AIM touched $6.33 billion from their respective dates of admission to the end of April, says a report from global consultancy Grant Thornton.

Further, the average increase in market capitalisation of these companies stood at 52 per cent during the same period.

 

In terms of percentage gains, Great Eastern Energy Corporation topped the list with a premium of nearly 600 per cent on its market capitalisation on admission. The jump translates into 126 per cent growth on Compounded Annual Growth Rate (CAGR) basis, the report said.

The firm, listed in December 2005, had raised capital worth about

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 29 2008 | 2:41 PM IST

Explore News