Axon announced a ten-year CEO performance award for CEO and founder Rick Smith tied to achieving market cap
and financial performance milestones.
Other major shifts in the market cap
sweepstakes over the last three years have been the rise of HDFC Bank, which is now the third largest Indian company after TCS and Reliance Industries and the rise of consumer goods giant Hindustan Unilever from being the 14th largest company to sixth now.
However, the deciding metric - market cap
- has remained the same.
BANKING AND CREDIT NEWS-September 12, 2016-Swank Capital, Cushing Asset Management rebalance Cushing MLP Market Cap
M2 EQUITYBITES-September 12, 2016-Swank Capital, Cushing Asset Management rebalance Cushing MLP Market Cap
4 billion in profits, $3-3 trillion in market cap
During the same period, India's market cap
rose from $1.
In the past five years the total market cap
of the top 100 has increased by 79 per cent from $8.
Helping it become the fourth information technology (IT) firm in the Indian capital market with a market cap
of more than Rs 1 lakh crore, the market capitalisation of HCL Technologies increased to Rs 100,432 crore in intra-day trades on the Bombay Stock Exchange (BSE).
With a market cap
of US$47bn, the top ranking Qatari firm is nearly 70 bigger than rival Emr Properties, the globally recognised builder of the Burj Khalifa.
Qatar exhibited the highest growth since 2008 with its market cap
almost doubling, racing to overtake Kuwait to become the second largest exchange by market cap
within the GCC, said Global Investment in a statement.
47 per cent of the total market cap
of the top 500 companies.