The share prices have been tumbling in recent past for both the Reliance groups, led by the billionaire brothers Mukesh and Anil Ambani, and the analysts put the blame on a string of controversies surrounding them for many months now.
Market wealth: Tatas beat Ambanis
Image: Ratan Tata with Gujarat CM Narendra Modi.In the process, the stock market wealth of the entire Tata group has grown to close to Rs 4,40,000 crore (Rs 4.4 trillion) -- highest for any corporate house and bigger than the combined figure of the two Ambani groups together at about Rs 3,67,000 crore (Rs 3.67 trillion).
Market wealth: Tatas beat Ambanis
Image: Anil Ambani (L), Mukesh Ambani.As per the latest market value of individual groups, Tatas rank on the top, followed by Mukesh-led Reliance group at second position with about Rs 2,85,000 crore (Rs 2.85 trillion).
Market wealth: Tatas beat Ambanis
Image: Anil Ambani.In the past one year, R-ADAG's market wealth has plunged by over Rs 60,000 crore (Rs 600 billion) to close to Rs 82,000 crore (Rs 820 billlion) now.
Market wealth: Tatas beat Ambanis
Image: TCS office.The Tata companies that have added significant market wealth in the past one year include TCS , Tata Motors , Tata Steel , Titan, Tata Coffee , Tata Chemicals and Rallis.
Market wealth: Tatas beat Ambanis
Image: Reliance Industries KG-D6's floating production storage and offloading (FPSO) vessel.In the MDA group, Reliance Industries has lost about Rs 72,000 crore (Rs 720 billion), while the only other listed firm Reliance Industrial Infra Ltd has also lost about Rs 650 crore.
Market wealth: Tatas beat Ambanis
Image: Anil Ambani.While the Reliance companies have been traditionally known as very aggressive when it comes to the stock market, Tatas have been mostly known as conservatives on this front.
Market wealth: Tatas beat Ambanis
Image: Bombay Stock Exchange.Amid the dwindling investor interest in Reliance stocks, Tatas have not been the only beneficiaries but a whole lot of groups known to be professionally-run have also gained.
Market wealth: Tatas beat Ambanis
Image: RIL stocks hit."Reliance stocks are more controversial at the moment, whereas others like HDFC or Mahindra groups are not," Religare Securities Executive VP (Retail Research) Rajesh Jain said.
Market wealth: Tatas beat Ambanis
Image: Reuters.Way2Wealth's Chief Operating Officer Ambareesh Baliga also said that it was negative set of news playing spoilsport for the ADAG stocks.
"For RIL, it was the lower gas production at the KG-D6 basin which has discouraged the investors," Baliga said
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