Murugappa Group Stocks
Murugappa Group is a 100-year-old Indian business conglomerate known for its stable expansion and diversification. The group has ventured into various industries such as agriculture, engineering, finance and energy. This history of resilience and trust is shown in Murugappa shares and thus makes them significant to the investor, its presence in the sector and its overall contributions.
List of Murugappa Group Stocks
History Of Murugappa Group
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.
Murugappa Group’s Sector Presence
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
Conclusion
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.
Murugappa Group Stocks FAQs
You can buy shares of Murugappa Group companies by operating a Demat and trading account with a SEBI-registered broker such as Kotak Neo. Go to the stock symbol of the listed company in either the NSE or the BSE and submit your order either online or through your broker.
Generally, stocks in the agriculture, engineering, financial services, and energy sectors are considered sound long-term investments. The industries enjoy stable demand, good fundamentals, and proven management. To long-time investors, they provide stability, growth and long-term performance
Cholamandalam Investment and Finance is the largest market capitalisation company under the Murugappa Group, with a value of about ₹1.35 lakh crore. Tube Investments of India comes in next with a market value of approximately ₹61,000 crore. They are the largest, financially strong and have consistent growth, hence are the most significant contributors to the overall performance of the group.
The Murugappa Family has a large holding in its listed companies. As of 2025, the promoter ownership is approximately 56% in Coromandel International and 44% in Tube Investments of India.
According to market capitalisation and total performance, the leading stocks at the Murugappa Group are Coromandel International, which has a market capitalisation of approximately ₹64,646 crore, Tube Investment of India, which has a market capitalisation of approximately 49,741 crore and Cholamandalam Financial Holdings, which has a market capitalisation of nearly ₹34,055 crore. These firms are the best performers in the group, respectively taking the lead in agriculture, engineering, and financial services.
Based on the Q4 FY2024 performance, Cholamandalam Investment and Finance showed a consolidated net profit of approximately ₹1,259 crore, which means that the company is the most profitable one in the Murugappa Group. Tube Investments of India recorded a consolidated profit of approximately ₹312 crore in the same quarter. Both companies continue to play significant roles in the overall profit performance of the group.
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.