Market cap of BSE companies at Rs 110 lakh crore (2016)

Market cap of BSE companies at Rs 110 lakh crore (2016)

Boosted by a strong stock market show today, the total market capitalisation (m-cap) of BSE-listed companies surged to an all-time high of Rs 110.7 lakh crore ($1.64 trillion). Following the sharp rally in stocks, investor wealth rose by Rs 1,39,948 crore to Rs 1,10,70,610 crore.

TCS is the most valued Indian company with a market valuation of Rs 5,02,202.97 crore, followed by Reliance Indu-stries Ltd (Rs 3,45,650.10 crore), HDFC Bank (Rs 3,22,240.25 crore), ITC (Rs 3,11,383.66 crore) and Infosys (Rs 2,39,111.94 crore).

Among the 30 Sensex companies, 29 scrips ended higher, led by Asian Paints and Bajaj Auto. Bharti Airtel fell by 2.82 per cent.

BSE is among the world’s 10 largest exchanges in terms of market value, while it is the biggest in terms of number of firms listed on its platform. Over 2,900 companies trade on BSE. On the exch-ange, 1,638 scrips adv-anced, while 1,073 dec-lined and 216 remained unchanged.

Get Godrej Industries Ltd-& Get Godrej Consumers' and Godrej Properties

Godrej consumer:

Equity Capital is 30 cr 81 lakh

Market Capitalisation is 9243 cr at 300

Godrej  Industries holds 23% (2125 of current Market Capitalisation)

Godrej and Boyce Manufacturing holds 41%.

71.79% Promoters holding.

Institutional Holding-13.73% by-abardeen, first state hongkong ltdl  hsbc, ilfs trust, and small cap world fund.

Godrej Properties Ltd.

Equity capital is 69.85 cr.

Market Capitalization is Rs.3422.

God Ind. holds 69%. (2361 of Market Capitalisation)

83.79-promoters holding-83.79%.

Nstitutional holding-close to 5%.

Godrej industries ltd:

Eq. capital is Rs. 31.76 crore.

Market Cap is 4764 crore. At Rs.150.

Reserve of Rs.981 crore.

Godrej and Boyce manufacturing Co. holds 69%.

Godrej Ind holds 23% in Godrej Consumer, and 69% in Gojrej Properties.

This Equity Stake amounts to 2125 Cr. And 2361 Cr. Of Market Cap for Godrej Industries; in turn amounting to total Godrej Industries Market Cap of 9250 cr. (Godrej Ind’s 4764+Godrej Consumers’ 2125+ Godrej Properties’ 2361=9250).

Thus in terms of Market Capitalisation. Godrej Industries Ltd share is underpriced. I don’t say it is under valued. This is in no mean a method of value investing. It is just a calculation to find market discrepancies.

Instead of buying Godrej Consumers or Godrej Properties, You can think to Buy godrej Industries for a 100% upside from current 150 levels. Till the Market Capitalization of Godrej Industries reflects its shares in Godrej Consumers and Godrej Properties.

SHAREHOLDING PATTERN:

 79.10 % held by promoters

59% held by Godrej and Boyce mfg co.

Il & fs and sbi equity holds 7.23%.