Tata group gained highest amount of wealth in the last one year and Mukesh Ambani-led Reliance Industries gained the third highest wealth in the bourses. Reliance Industries pack shares have been rising since the warring siblings called a truce on May 23, 2010.

This was revealed in an FE study of market capitalisation of India?s top 25 industrial houses (according to net sales) between June 30,2009 and June 30, 2010. Wealth of India?s top 25 industrial houses rose by 36.1% to Rs 16.47 lakh crore on June 30, 2010 from the level of Rs 12.10 lakh crore on June 30, 2009 on the back of market recovery. During this period Sensex increased by 3,207.06 points (22.1%) to 17,700.90 on June 30, ?10 from the level of 14,493.84 on June 30, ?09. The Nifty also increased by 23.8% during the above period.

Nilesh Shah, DMD, Prudencial ICICI said, ? Indian market have revived as investors have realised that economic fundamentals of India are in the same growth path mode like Japan in 60’s and 70’s or South East Asian Nation in 70’s & ’80s or China since ’80s.The Indian equity markets were trading very cheap in Sept. 2008 & Sept 2009 period due to global crisis. As investors realised that Indian economy is not impacted by the global prices. They still to invest ended up reviving Indian equity market from April 2009.”

Among the above 25 houses, Tata, Bajaj, Shiv Nadar, UB, Torrent, Hinduja, Murugappa, Rajan Raheja and Cadila showed significant increase in terms of market capitalization between the above period. The M-Cap of Tata group, which had the highest increase among top five houses, increased by 68.7% from Rs 1.96 lakh crore on June 30, ?09 to Rs 3.31 lakh crore on June 30, 2010. Among the Tata group companies, significant increase in M-Cap was seen in the case of Tata Steel (50.9%). Similarly, in the case of the Murugappa group, the total M-Cap figure of Murugappa group companies increased by 106.2% to Rs 14,365 crore on June 30, 2010 from Rs 6967 crore on June 30, ?09. Among the companies, highest increase in M-Cap was seen in the case of Coromandel International (152%).