New Delhi, April 22 -- About 50 next-generation promoter-led companies saw their market capitalisation grow by nearly seven times between 2020 and 2026 to a combined Rs.30.9 trillion, as per a new study that analysed the performance of all listed family-led businesses.

This growth outperformed the Nifty 50 and BSE Sensex indices during the same period, which grew by 3 times and 2.8 times, respectively. The 50 companies had a combined market capitalisation of Rs.4.6 trillion, as on 31 March 2020.

Vikash Lohia, a second-generation Deputy Managing Director of Jupiter Wagons, topped the ranking with a 152.8 times growth in the company's value. Amit Dahanukar of Tilaknagar Industries, a 4th generation promoter, and Abhyuday Jindal of Jindal ...