Thursday, April 20, 2006

Eight new firms join $1 bn club

News Source and Details
Hindustan Copper, BF Utilities, Unitech, Century Textiles, Kirloskar Brothers, Aban Lloyd Chiles, Balrampur Chini and Biocon have joined the $1 billion market cap club, taking the $ 1 billion membership to 112.

Three weeks back, on March 27, when Sensex closed at over 11,000 level, there were 104 members in the club.

These 112 companies collectively account for 76 per cent market capitalisation of the Bombay Stock Exchange (BSE). Oil and Natural Gas Corporation (ONGC), Reliance Industries, National Thermal Power Corporation (NTPC), TCS and Infosys Technologies have market-cap over $20 billion.

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