Indian Conglomerates, including Tata and Adani Group, Add Rs 6 Lakh Cr to Investor Wealth

Indian Conglomerates, including Tata and Adani Group, Add Rs 6 Lakh Cr to Investor Wealth

Indian conglomerates, including the House of Tatas, Adani Group, Bharti Group, Murugappa Group, and Aditya Birla, have seen their stock rise and added significant value to investor wealth. The group, helmed by N Chandrasekaran, added nearly Rs 6 lakh crore to investor wealth since September 24, 2021 when the Sensex touched 60,000 points – a return of 25%. Topping the list of wealth creators is the House of Tatas, which generated a return of 227% in the same period. Adani Group emerged as a major wealth creator, adding Rs 4.3 lakh crore to investor wealth with a return of 42%. Bharti Group and Murugappa Group also featured among the top wealth creators. Aditya Birla rounded out the list in the fifth spot. Mukesh Ambani’s RIL and Bajaj Group underperformed the Sensex. Venu Srinivasan’s TVS Group and Ravi Jaipuria Group generated significant returns as well, with Varun Beverages and Devyani International leading the way. Overall, Indian equities remain a favorable destination for capital and are expected to continue delivering long-term gains.

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TIS Staff

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