HCL Technologies steals the show in 2013, TCS still on top with Rs 6.69L crore market wealth

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With another year of highs and lows nearing its end, certain corporate houses have doubled their market wealth, while others have come close to losing half of theirs. With another year of highs and lows nearing its end, certain corporate houses have doubled their market wealth, while others have come close to losing half of theirs.
SummaryVedanta soars, Mukesh Ambani Group improves, Bharti slips to fifth spot in terms of m-cap 2013.

respectively. Meanwhile, Om Prakash Jindal Group saw its market capitalisation slip 42.86% in 2013 to R27,070 crore.

According to brokerages, investors ascribe certain premium to companies with strong promoters. “For instance, within the oil & gas sector, Reliance Industries is preferred,” added Udasi.

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