Big shifts

We did some number crunching to find out a number of companies whose market caps have changed significantly in the last 10 years. Clean Sweeps: small-cap to large-cap Company Industry Current m-cap (Rs cr) M-cap in 2008 Returns (%, CAGR) Worth of Rs 10,000 Eicher Motors Automobiles - Two & Three Wheelers 85080 768 61 1141523 Bajaj Finance Finance - NBFC 110164 1173 51 612082 Page Industries Textile 26997 565 47 478115 TVS Motor Company Automobile Two & Three Wheelers 31724 1025 41 309502 Aurobindo Pharma Pharmaceuticals & Drugs 37560 1768 35 194907 Berger Paints India Paints 27791 1424 33 179476 MRF Tyres & Allied 33879 1927 33 175837 Cholamandalam Investment & Fin Co Finance - NBFC 27194 945 25 96052   Step-ups: mid-cap to large-cap Company Industry Current m-cap M-cap in 2008 Returns Worth of Rs 10,000 IndusInd Bank Bank - Private 113938 3216 36 209514 Britannia Industries Consumer Food 66114 3248 35 202551 Motherson Sumi Systems Auto Ancillary 73717 3342 34 188578 Godrej Consumer Products Household & Personal Products 76091 3352 33 172014 Shree Cement Cement & Construction Materials 58681 3450 33 170068 Titan Company Diamond & Jewellery 87096 5523 32 157687 Pidilite Industries Chemicals 55176 3836 31 143866 Procter & Gamble Hygiene & Health Care Household & Personal Products 30859 2508 29 123038 Havells India Electric Equipment 34183 2944 27 107574 Cadila Healthcare Pharmaceuticals & Drugs 42194 3626 27 107089 Yes Bank Bank - Private 83437 5042 27 106298 Marico Solvent Extraction 42966 4059 26 99880 Mahindra & Mahindra Financial Services Finance - NBFC 32603 2716 25 94157 Asian Paints Paints 115118 12244 25 94022 Biocon Pharmaceuticals & Drugs 40071 4903 23 81728 Ashok Leyland Automobiles-Trucks/Lcv 48198 5474 23 79927 LIC Housing Finance Finance - Housing 27570 3051 22 76033 Piramal Enterprises Pharmaceuticals & Drugs 46965 7253 22 75517 Lupin Pharmaceuticals & Drugs 36697 4648 22 71667 Dabur India Household & Personal Products 65123 9185 21 69558 Note: Only companies with annualised returns of at least 20 per cent are given here.   Annihilators: large-cap to small-cap Company Industry Current m-cap M-cap in 2008 Absolute Returns (%) Worth of Rs 10,000 Unitech Construction - Real Estate 1502 50390 -97 185 Reliance Communications Telecom - Service Provider 4217 119662 -96.5 263 Housing Development & Infrastructure Construction - Real Estate 1441 16542 -91.3 553 Jaiprakash Associates Cement & Construction Materials 4841 33501 -85.6 1100   Destroyers: large-cap to mid-cap Company Industry Current m-cap M-cap in 2008 Absolute Returns (%) Worth of Rs 10,000 MMTC Trading 6490 145812 -95.5 445 Reliance Power Power Generation/Distribution 10379 89112 -88.4 1501 Suzlon Energy Electric Equipment 5799 42984 -86.5 380 Hindustan Copper Metal - Non Ferrous 6782 25793 -73.7 2183 Reliance Infrastructure Power Generation/Distribution 11862 33373 -64.5 3164 GMR Infrastructure Engineering - Construction 12434 29285 -57.5 2611 NLC India Power Generation/Distribution 13490 26122 -48.4 5668 National Aluminium Company Aluminium & Aluminium Products 15579 28946 -46.2 7176 Jindal Steel & Power Steel/Sponge Iron/Pig Iron 24344 36900 -3