Stay alert, beware of scamsters - know more

Murugappa Group Stocks

Last Updated: 3 Apr, 2026, 03:30 PM

Murugappa group stocks bring together companies operating in fertilizers, engineering, finance, and plantations. The table on this page lists all NSE and BSE listed Murugappa companies in one place, covering the complete Murugappa shares list with li Read more ▾

List of Murugappa Group Stocks

NSE
BSE
Download
Stock Name
LTP
Change (%)
Volume
Market Cap
P/E Ratio
52 Weeks High
52 Weeks Low
1M Return
3M Return
1Yr Return
5Yr Return
Cholamandalam Investment And Finance Company Ltd1,356.30-1.2622,45,6731,15,638.4823.861,831.501,299.40-17.98-23.48-6.17+149.16
Cg Power And India Ustrial Solutions Ltd680.05-0.0420,98,0791,06,803.2895.98797.55517.70-0.71+5.39+10.41+923.40
Coromandel International Ltd1,878.30-2.112,92,79055,356.5523.102,718.901,818.10-10.92-18.31-8.84+154.20
Tube Investments Of India Ltd2,567.30-0.212,48,86549,677.2883.083,419.902,164.90-7.35+1.47-4.90+121.52
Cholamandalam Financial Holdings Ltd1,396.90+0.741,22,59426,020.3210.992,231.601,305.00-13.73-27.12-20.04+140.72
Carborundum Universal Ltd854.00+6.427,54,52616,254.7367.321,087.50735.20+6.86-0.54-16.14+73.23
E I D Parry India Ltd807.35-0.832,56,53314,422.8112.131,246.80696.65-5.45-19.88+1.34+156.87
Shanthi Gears Ltd446.30+1.4411,8723,410.02257.00619.80395.00+1.37-4.62-5.94+244.23

What Murugappa Group Does Across Its Core Business Areas

Over the decades, Murugappa Group has built a presence across 3 sectors which are agriculture inputs, engineering, and financial services. These are very different businesses, but together they give the group a wide and meaningful footprint across the Indian economy.

Agriculture Inputs

Agriculture inputs is one of the most recognisable parts of Murugappa Group. The companies in this sector manufacture fertilizers, crop nutrition products, and farm inputs.. Coromandel International is the most recognisable name in this space and ranks among one of the larger players in the Indian agri inputs market. For investors tracking agri stocks in India, this segment connects the group directly to India’s farming economy and the government’s ongoing efforts to improve agricultural productivity and rural incomes. Demand for fertilizers and crop protection products tends to hold up reasonably well through most conditions given how essential these inputs are to everyday farming.

Engineering

Murugappa Group has a well established presence in engineering through companies working in abrasives, ceramics, tubes, cycles, and industrial components. Carborundum Universal and TI Financial Holdings are among the names within this segment. The engineering businesses serve a wide range of industries including automotive, construction, and manufacturing, giving the group exposure to India’s industrial growth story. For investors looking at Murugappa companies listed on NSE and BSE, the engineering segment adds a manufacturing oriented revenue stream that moves with industrial activity and capital goods demand across the economy.

Financial Services

Murugappa Group also operates in financial services through lending and insurance businesses that provides service to retail and rural customers. For investors tracking Murugappa group stocks for diversification, financial services adds a consumer facing and relatively recurring revenue stream that operates on a different demand cycle from the agriculture and engineering businesses within the group.

 

What Drives Growth and Presents Challenges in Murugappa Group Stocks

Murugappa Group operates in sectors that react to agricultural cycles, industrial activity, and commodity markets. A few clear factors shape the performance of Murugappa group stocks, and knowing what they are gives investors a more practical view of these businesses.

Rural Demand and Agricultural Expansion

India’s rural economy is one of the more consistent demand drivers for Murugappa Group. Rising farmer incomes, government support for agriculture, and growing awareness of crop nutrition products keep demand active for the group’s fertilizer and agri input businesses. Coromandel International and other agri stocks India companies within the Murugappa shares list benefit directly from this rural spending pattern. When monsoon conditions are favourable and crop output is healthy, demand for fertilizers and farm inputs picks up meaningfully. Government schemes supporting farm productivity and subsidised fertilizer supply also create a relatively stable operating environment for this segment.

Industrial Growth and Engineering Demand

India’s industrial expansion acts as a growth driver for Murugappa Group’s engineering business. Growing activity in the automotive, construction, infrastructure, and manufacturing sector creates steady demand for abrasives, ceramics, tubes, and industrial components that the group produces. As more factories come up and infrastructure projects get underway, order flow for these engineering businesses tends to pick up alongside them. For investors following Murugappa companies listed on the NSE and BSE, keeping an eye on industrial output data and capital goods sector performance gives a useful early read on how the engineering segment is likely to do.

Commodity Prices and Rural Cyclicality

Murugappa Group has its fair share of challenges too. The fertilizer and agri input businesses are elastic to raw material costs like phosphoric acid and ammonia, both of which are globally traded commodities. When input prices shoot up, margins can come under pressure if the increase cannot be passed on to farmers. The agri segment is also tied to monsoon patterns and crop cycles, which brings a degree of seasonal variability into revenues. Investors tracking Murugappa group stocks should keep commodity price trends and monsoon forecasts in view as they directly affect how the group’s agriculture businesses on the NSE and BSE perform.

 

Investor Perspective on Murugappa Group Stocks

For investors thinking about investing in Murugappa group stocks, they should have a clear sense of the group’s background, the sectors it operates in.

Foundation and Reach across the country and beyond

Murugappa Group was founded in 1900. It has been growing steadily over more than a century into one of India’s diversified business conglomerates. Starting out in trading, the group expanded over the decades into fertilizers, engineering, financial services, and plantations. Beyond India, it has a presence in international markets through its engineering and agri input businesses, adding a useful layer of revenue diversification beyond domestic demand. That long operating history gives Murugappa companies listed on the NSE and BSE a track record that investors can measure across different economic cycles and market conditions.

Sector Presence and Opportunities

Murugappa Group covers agriculture inputs, engineering, and financial services, with each segment offering a different kind of exposure. Agri stocks India from the Murugappa stable benefit from India’s large farming economy and consistent government support. The engineering businesses gain from industrial growth and infrastructure expansion. Financial services benefit from rising credit demand and growing financial product adoption in smaller towns and rural areas. That spread across sectors gives investors multiple ways to access the Murugappa shares list depending on what fits their investment goals.

Advantages and Considerations of Investing

Murugappa group stocks come with a few qualities worth noting. A long operating history, diversified business mix, and presence in sectors tied to both rural and industrial India make the group a familiar name on investor watchlists. At the same time, commodity price sensitivity in the agri segment, rural cyclicality tied to monsoon patterns, and regulatory changes in fertilizers and financial services are all things investors should factor in alongside the positives before making decisions about Murugappa companies listed on NSE and BSE.

Frequently Asked Questions

Murugappa group stocks are shares of companies that come under the Murugappa conglomerate through ownership, promoter holding, or subsidiary links. These businesses are listed on NSE and BSE across fertilizers, engineering, financial services, and plantations.

Several Murugappa companies are listed on NSE and BSE. Each operates independently with its own management and financial results. The shared Murugappa promoter background connects all of them under the broader Murugappa group companies list.

Murugappa Group was founded in 1900 by Dewan Bahadur A M Murugappa Chettiar. The group has remained in family hands ever since, with members of the Murugappa family continuing to hold promoter stakes across Murugappa companies listed on NSE and BSE.

Yes, CG Power and Industrial Solutions is part of the Murugappa group stocks universe. It is listed on NSE and BSE and operates in the power and industrial electrical equipment segment as part of the broader Murugappa group companies list.