India's mcap to GDP ratio at 15-yr high of 140%
Business Standard|May 23, 2024
Current ratio a few notches below all-time high of 149.4%
KRISHNA KANT
India's mcap to GDP ratio at 15-yr high of 140%

The stock prices of listed companies continue to outpace growth in India's gross domestic product (GDP). The market capitalisation (mcap) of all companies listed and traded on the BSE is up 61 per cent since the end of March 2023, compared to an estimated 10 per cent growth in India's GDP at current prices in 2023-24 (FY24). As a result, India's mcap-to-GDP ratio has hit a 15-year high of 140.2 per cent, up sharply from 95.8 per cent at the end of March 2023.

According to data from BSE, the 4,357 companies available for trade had a combined mcap of around 416 trillion on Tuesday against India's GDP at current prices of 296.6 trillion in FY24.

هذه القصة مأخوذة من طبعة May 23, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 23, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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