New Delhi: The combined market capitalization of Aditya Birla Group companies has crossed US $ 100 billion (Rs 8,51,460.25 crore) on Friday.

The group companies – UltraTech Cement, Grasim, Hindalco, Aditya Birla Capital, Aditya Birla Sun Life AMC, Vodafone Idea, Aditya Birla Fashion & Retail, TCN Clothing, Aditya Birla Money, Century Textiles, Century Enka and Pilan Investments – have jointly Market valuation on BSE Rs 8,51,460.25 crore.

"The group's market cap growth has outperformed the benchmark indices Sensex and Nifty year-on-year, as well as over one-year, three-year and five-year time frames," a statement from the group said.

It added that ABG's market cap growth over one-year and three-year periods has also been twice that of the S&P in US dollar terms.

The statement said that by incubating and scaling new high-growth engines, Grasim has doubled its market cap to more than US$19 billion in the last three years.

It further said that Hindalco's market cap has doubled in less than two years. Its market cap has increased by more than US$7 billion in the last 12 months.

According to the statement, Vodafone Idea has also almost tripled its market cap in a year.

Century Textiles, which owns the group's real estate business, has almost tripled its market cap in just one year.