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Five of 10 Most Valued Companies Lose Rs 57,333 Crore in Market Valuation

While RIL, ITC, HDFC, Maruti Suzuki India and ONGC suffered losses in their market capitalisation (m-cap) for the week ended Friday, Tata Consultancy Services (TCS), HDFC Bank, Hindustan Unilever Ltd (HUL), Infosys and Kotak Mahindra Bank made gains on the other hand.

PTI

Updated:May 20, 2018, 11:00 AM IST
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Five of 10 Most Valued Companies Lose Rs 57,333 Crore in Market Valuation
Maruti Suzuki logo. (Photo: Reuters)
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New Delhi: The combined market valuation of five of the 10 most valued Indian companies dropped by Rs 57,333.55 crore last week, with Reliance Industries Ltd (RIL) taking the steepest hit.

While RIL, ITC, HDFC, Maruti Suzuki India and ONGC suffered losses in their market capitalisation (m-cap) for the week ended Friday, Tata Consultancy Services (TCS), HDFC Bank, Hindustan Unilever Ltd (HUL), Infosys and Kotak Mahindra Bank made gains on the other hand.

The m-cap of RIL tumbled Rs 34,908.45 crore to Rs 5,91,353.05 crore.

The valuation of HDFC slumped Rs 10,582.42 crore to Rs 3,11,482.69 crore and that of Maruti dived Rs 6,819.46 crore to Rs 2,57,147.16 crore.

ONGC lost Rs 2,887.47 crore to Rs 2,37,479.02 crore and ITC shed Rs 2,135.75 crore to Rs 3,44,344.18 crore from its m-cap.

On the other hand, HUL's valuation jumped Rs 21,169.09 crore to Rs 3,47,212.06 crore.

HUL on Friday went past ITC in market valuation to become the most valued FMCG firm.

TCS added Rs 7,992.15 crore to Rs 6,70,450.51 crore and Kotak Mahindra Bank Rs 5,488.64 crore to Rs 2,46,654.92 crore.

The m-cap of Infosys went up by Rs 600.63 crore to Rs 2,58,546.04 crore and that of HDFC Bank rose by Rs 584.32 crore to Rs 5,22,745.23 crore.

In the ranking of top-10 firms, TCS stood at number one position followed by RIL, HDFC Bank, HUL, ITC, HDFC, Infosys, Maruti, Kotak Mahindra Bank and ONGC.

Over the last week, the Sensex lost 687.49 points, or 1.93 per cent.

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| Edited by: Ahona Sengupta
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Sun Pharma 390.75 -8.39
Reliance 1,184.35 4.40
Jet Airways 281.20 -1.44
Yes Bank 198.60 -1.44
HUL 1,744.10 -0.42
Company Price Change %Gain
Sun Pharma 390.75 -8.52
Reliance 1,182.95 4.34
ICICI Bank 371.90 -0.39
Jet Airways 281.35 -1.21
Yes Bank 198.25 -1.59
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Company Price Change %Gain
Reliance 1,184.35 4.40
Wipro 346.15 3.21
Kotak Mahindra 1,240.20 1.66
Hindalco 208.80 1.36
Adani Ports 399.30 1.22
Company Price Change %Gain
Reliance 1,182.95 4.34
Kotak Mahindra 1,237.35 1.41
HCL Tech 964.50 1.02
Asian Paints 1,401.30 0.85
ONGC 146.25 0.79
Top Losers
Company Price Change %Gain
Sun Pharma 390.75 -8.39
Bharti Airtel 311.15 -6.29
GAIL 322.15 -3.08
Larsen 1,317.90 -2.09
HPCL 239.50 -1.92
Company Price Change %Gain
Sun Pharma 390.75 -8.52
Bharti Airtel 310.95 -6.42
Larsen 1,318.25 -2.07
Axis Bank 664.30 -1.77
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