India is developing very rapidly and giving tough competition to other developing contries like China and Brazil. Some of the fastest growing companies are given below and these companies are poised to be star performers in the future. Lets have a look :
Rank 1 : Jaypee Infratech
The Jaypee Group is a diversified infrastructure conglomerate in India with interests in civil engineering and construction, cement, power, real estate, expressways, fertilizer and hospitality. Jaypee Infratech Limited (JIL) is building the 165 km long 6-lane Yamuna Expressway in Uttar Pradesh connecting Noida and Agra.
Net profit (FY11): Rs 1,435.06 crore from Rs 487.49 crore in FY10
M. Cap: Rs 7,069.50 crore
Rank 2 : Manappuram Finance
Manappuram Finance (MAFIL) is India’s first listed and highest credit rated gold loan company. The company is now recognised as a leading national player in its core activity of gold loans.
Net profit (FY11): Rs 2,82.66 crore from Rs 119.72 crore in FY10
M. Cap: Rs 3,722.47 crore
Rank 3 : Reliance Power
Reliance Power, a part of the Reliance Anil Dhirubhai Ambani Group, was established to develop, construct and operate power projects in the domestic and international markets.
Net profit (FY11): Rs 274.55 crore
M. Cap: Rs 36,199.82 crore
Rank 4 : Shree Renuka Sugars
Shree Renuka Sugars is India’s largest sugar refiner and ethanol producer based in Mumbai with a refining capacity of 4000 tonnes/day. Shree Renuka Sugars has a market share of 21 per cent in India’s fuel ethanol market. It also accounts for 20 per cent of India’s international sugar trade.
Net profit: Rs 49.50 crore
M. Cap: Rs 1,758.81 crore
Rank 5 : SKS Microfinance
SKS Microfinance (SKS) is a non-banking finance company (NBFC), regulated by the Reserve Bank of India. SKS aims to eradicate poverty by providing financial services to the poor. The company operates across 19 states in India.
Net profit: Rs 111.63 crore
M. Cap: Rs 747.53 crore
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