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Murugappa Group Stocks

List of Murugappa Group Stocks

NSE
1,658.50
-41.80 (-2.46%)
2.1B
143516.68
1831.5
1169.8
575.10
-14.95 (-2.53%)
1.4B
92917.78
797.55
517.7
2,300.20
+29.80 (+1.31%)
344.2M
66999.36
2718.9
1596
2,341.30
-42.30 (-1.77%)
392.1M
46124.96
3485
2330
1,701.90
-67.70 (-3.83%)
449.1M
33229.1
2231.6
1357.35
914.30
-15.40 (-1.66%)
89.9M
16536.83
1246.8
639
795.05
-14.45 (-1.79%)
82.1M
15416.75
1249
786.8
422.20
+4.90 (+1.17%)
8.1M
3201.35
619.8
399

The Murugappa Group started in 1900, with the establishment of a banking firm in Burma by Dewan Bahadur A.M. Murugappa Chettiar.

The Murugappa Group was founded in 1900 by Dewan Bahadur A. M. Murugappa Chettiar as a banking and trading firm. When he passed away in 1944, his son A. M. M. Murugappa Chettiar moved the business to Chennai during World War II. Under his leadership, the conglomerate launched Coromandel Engineering in 1947, TI Cycles of India in 1949, and Carborundum Universal in 1954.

Following his passing in 1965, leadership passed to his sons A. M. M. Arunachalam, A. M. M. Murugappan, and A. M. M. Vellayan. They expanded operations and acquired E.I.D.-Parry in 1981.

This legacy was continued by the third generation, headed by A. Vellayan and his cousin M. M. Murugappan as they professionalised the company and ventured into financial services with Cholamandalam Investment. This trend remains ongoing with the present generation, as Arun Alagappan, the son of A. Vellayan was handed over the position of Executive Chairman in 2024. Today, the Murugappa Group oversees 28 companies, such as Tube Investments of India, Coromandel International and Cholamandalam Finance of Engineering, Manufacturing and Finance.

The Murugappa Group has positioned itself in various industries in the Indian economy. Its diversified nature enables the group to be resilient as it contributes to both modern and traditional industries.

Here is the key sectoral presence of Murugappa Group listed companies:

  • Agriculture

  • Engineering

  • Financial Services

  • Energy

  • Plantations

  • Nutraceuticals

The key areas of disciplined expansion of the Murugappa group include agriculture, engineering, finance, and energy. Their performance demonstrates stable management, good governance and attention to long-term developments. To investors, examining the Murugappa Group stocks presents a view of how a 100-year-old conglomerate can still preserve a blend of tradition and innovation and keep creating consistent value in the competitive business landscape of India.

This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Neo Research Team, nor is it a report published by the Kotak Neo Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.

Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.

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