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Big shifts

Here are some companies that have significantly grown and shrunk in size over the last 10 years

Last updated: 06-Sep-2024•Research Desk

Here are some companies that have significantly grown and shrunk in size over the last 10 years

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	-34	6296
Adani Enterprises	Trading	15408	20832	-26	3315
Tata Power Company	Power Generation/Distribution	23843	30268	-21.2	6561
Glenmark Pharmaceuticals	Pharmaceuticals & Drugs	16125	16559	-2.6	8550
All data as of April 2018

Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.

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