India’s Top 500 Companies 2008
  
   
 

Sectoral Analysis

The 11 most-represented and most valuable sectors account for over 50% of the market capitalisation value of the Top 500 Companies. The most-represented sectors are those sectors that had the maximum number of companies in individual sectors and comprised construction-infrastructure development, cement, iron and steel, pharmaceuticals and textiles. The most valuable sectors were the ones that made the highest contribution to the Top 500 market capitalisation and included oil – refining and marketing, power, software and ITeS, and telecom services. The banking and engineering/capital goods sectors were a part of the most-represented as well as most valuable sectors. Since 25 companies came under the purview of engineering/capital goods, it has been considered in the most represented sectors for analysis purpose. As the banking sector holds a critical position in the Indian economy, a separate analytical section has been devoted to this sector for greater clarity.

For the purpose of standardisation, the period of FY09 in the analysis refers to the periods of July 31, 2008; Sep 30, 2008; Dec 31, 2008; Mar 31, 2009 and June 30, 2009. Correspondingly FY08 refers to periods of July 31, 2007; Sep 30, 2007; Dec 31, 2007; Mar 31, 2008 and June 30, 2008.