Prime Business AfricaAt the end of the first quarter (Q1) of 2025, the best-performing conglomerate stocks are SCOA Nigeria, Chellarams Plc, Custodian & Allied Plc, UAC of Nigeria, and Transnational Corporation (Transcorp) of Nigeria Plc.
Prime Business Africa gathered that all the companies in the conglomerate sector in the Nigerian stock market, which consist of six companies, recorded growth in their share value, aside John Holt Plc.
Join our WhatsApp ChannelJohn Holt was the worst-performing conglomerate stock, after shareholders of the company lost 0.64 percent of their investment value, which represents a combined loss of N19.45 million during the reviewed period.
Five Best-Performing Conglomerate Stocks In Q1 2025
SCOA Nigeria
SCOA Nigeria is the best-performing conglomerate company in the Nigerian stock market after its shareholders recorded 116.99 percent growth in their investment within three months, as stock market investors were bullish on the shares of the automotive firm.
Prime Business Africa gathered that the growth recorded by SCOA‘s shareholders represents a combined gain of N1.56 billion between January and March.
The gain also led to the company’s market valuation appreciating from N1.33 billion to N2.90 billion, making SCOA Nigeria the sixth most valuable conglomerate in the Nigerian stock market.
Analysis showed that the gain in shareholders’ investment and rise in SCOA’s market valuation was driven by a N2.41 kobo rise in the company’s share price, which rose from N2.06 on January 2 to N4.47 kobo on March 28.
Chellarams Plc
The second-best-performing conglomerate shares in the Nigerian bourse is Chellarams Plc, as the company’s shareholders saw their investment grow by 113.24 per cent on the back of a N4.19 kobo gain in the firm’s share price.
With Chellarams’ share price rising from N3.70 kobo on January 2 to N7.89 kobo on March 28, the shareholders of the company closed the first quarter with a combined gain of N3.02 billion.
Consequently, Chellarams’ market valuation increased from N2.67 billion to N5.70 billion within the first three months of the year, leading to the company rising from the fifth spot on the list of the most valuable conglomerate companies in Nigeria to the fourth position.
Custodian & Allied Plc
Custodian & Allied took the third spot on the list of the best-performing conglomerate stocks in Nigeria after a 14.03 per cent appreciation in the company’s shareholders’ investment during the reviewed period.
The increase in shareholders’ investment represents a combined gain of N14.11 billion, which was a result of Custodian’s share price rising by N2.4 kobo from N17.10 kobo on January 2 to N19.50 kobo on March 28.
Also, Custodian, ranked as the second most valuable conglomerate company in the equity market, saw its market valuation rise from N100.57 billion to N114.69 billion within three months.
UAC Nigeria
UAC Nigeria was ranked as the fourth best-performing conglomerate stock in the Nigerian stock market as its shareholders closed the quarter in review with 7.73 per cent appreciation in their investment.
Further checks showed that the 7.73 percent increase represents a combined gain of N7.46 billion, which was driven by the N2.55 kobo increase in UAC’s share price.
The share price had started the year at N32.95 kobo, however, it appreciated to N35.50 kobo per share at the end of the first quarter.
Aside from the gain recorded by the company’s shareholders due to the rise in share price, UAC’s market valuation also increased, rising from N96.41 billion to N103.87 billion to maintain its third spot on the list of the most valuable conglomerate companies in the country.
Transcorp Nigeria
With a 2.06 percent appreciation in its shareholders’ investment, Transcorp Nigeria closed the quarter under review as the fifth-best-performing conglomerate stock.
Prime Business Africa gathered that during the period, shareholders of Transcorp recorded a combined gain of N9.14 billion, following a N0.9 kobo increase in its share price, which rose from N43.50 kobo to N44.40 kobo.
As a result, Transcorp retained its position as the most valuable conglomerate company in the Nigerian bourse, as its market valuation grew from N442.04 billion on January 2 to N451.19 billion on March 28.
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