• About Us
  • Add Post
  • Contact
  • Contribute For Us
  • Homepage
  • Our Authors
  • Privacy Policy
What's Hot

Lorient vs Angers SCO LIVE: Ligue 1 outcome, ultimate rating and response

February 6, 2023

Daniel Gavins survives final-hole drama to win Ras Al Khaimah Championship

February 6, 2023

Auxerre vs Reims LIVE: Ligue 1 end result, ultimate rating and response

February 6, 2023
What's Hot

Lorient vs Angers SCO LIVE: Ligue 1 outcome, ultimate rating and response

February 6, 2023

Daniel Gavins survives final-hole drama to win Ras Al Khaimah Championship

February 6, 2023

Auxerre vs Reims LIVE: Ligue 1 end result, ultimate rating and response

February 6, 2023
Facebook Twitter Instagram
  • About Us
  • Contact
  • Add Post
  • Contribute For Us
  • Privacy Policy
  • Our Authors
Facebook Twitter LinkedIn
BusinessLendBusinessLend
  • NEWS
  • BUSINESS
  • AUTO
  • TECH
  • MONEY
  • STARTUP
  • SUCCESS STORIES
  • OTHER
    • Press Release
    • OPINION
Subscribe
BusinessLendBusinessLend
Home»NEWS»Corona brought good news for Gujarati companies, 5 companies enter billion dollar club
NEWS

Corona brought good news for Gujarati companies, 5 companies enter billion dollar club

Bhagyashree SoniBy Bhagyashree SoniApril 15, 2021No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Corona brought good news for Gujarati companies, 5 companies enter billion dollar club
Share
Facebook Twitter LinkedIn Pinterest Email

Billion dollar club: There are a total of 22 Gujarati companies in the club with a billion dollar market cap this year.

The market cap of 22 companies of Gujarat crossed 1 billion dollars.

It has been claimed in several reports that the corona epidemic has increased the scope of poverty and wealth. Due to this epidemic, the condition of the poor became miserable while the condition of the rich became stronger. According to the report of Times of India, the size of the club of billion dollar company in Gujarat increased to 22 during the Corona period. In April 2020, the number of companies with a billion dollar market cap (more than 7500 crores) was 17 which has increased to 22.

The stock market is once again under pressure due to Corona’s new wave, but after June 2020, it is still dominating. Due to this, there has been a lot of jump in the market cap of companies. According to the report, five Gujarati companies this year – Deepak Nitrite Limited, Ratnamani Metals & Tubes Limited, Gujarat Fluorochemicals, Symphony Limited and Aris Life Sciences Limited, have joined the club with a market cap of $ 1 billion. Of these, Deepak Nitrite and Ratnamani Metals have joined this club for the first time, while the other three companies have re-entered the club.

Six companies of Adani Group are in this list

The Adani Group dominates this elite group. Six companies of Adani Group are listed on the stock market and all companies have a market cap of over $ 1 billion. Barring Adani Power and Adani Transmission, the market cap of the remaining four is over 1 lakh crore. The club includes companies such as Cadila Healthcare, Zydus Wellness, Torrent Pharma, Alembic Pharmaceuticals, besides the Adani Group of Companies.

Also read, PPF account should be opened in the name of wife, opportunity to get up to 51 lakh returns with tax exemption

Also read, Big news about pension, now preparations are being made to raise the age limit to join the NPS

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Bhagyashree Soni
  • Facebook

Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.

Related Posts

F-16 not solely choice for Türkiye – Defense minister

February 6, 2023

Lukashenko, Putin conform to appoint date of their assembly quickly

February 6, 2023
Add A Comment

Comments are closed.

Advertisement
Editors Picks

Irish authorities exits Bank of Ireland 13 years after rescue

September 23, 2022

MyValueVision is Gearing for 100 Franchisee Stores with AI Technology, AR and VR

April 26, 2022

Cristiano Ronaldo urged to focus on human rights points in Saudi Arabia after becoming a member of Al Nassr

January 5, 2023

Pure Flour from Europe – for the Perfect Dough

October 1, 2022
Advertisement
Latest Posts

Lorient vs Angers SCO LIVE: Ligue 1 outcome, ultimate rating and response

February 6, 2023

Daniel Gavins survives final-hole drama to win Ras Al Khaimah Championship

February 6, 2023

Auxerre vs Reims LIVE: Ligue 1 end result, ultimate rating and response

February 6, 2023

Business Lend is a platform which brings executives officers, entrepreneurs, and venture capitalist together from different sectors. We keep on connecting with our users with the help of our monthly edition carving our way slowly towards the highest readership.

Facebook Twitter Instagram LinkedIn
Must Read
  • Lorient vs Angers SCO LIVE: Ligue 1 outcome, ultimate rating and response February 6, 2023
  • Daniel Gavins survives final-hole drama to win Ras Al Khaimah Championship February 6, 2023
  • Auxerre vs Reims LIVE: Ligue 1 end result, ultimate rating and response February 6, 2023

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

© 2023 BusinessLend. Designed by ThemeSphere.
  • About Us
  • Contact
  • Add Post
  • Contribute For Us
  • Privacy Policy
  • Our Authors

Type above and press Enter to search. Press Esc to cancel.