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