GET Stock QuotesNews18 APP
News18 English
»
1-min read

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
facebookTwittergoogleskypewhatsapp
Five of 10 Most Valued Companies Lose Rs 57,333 Crore in Market Valuation
Maruti Suzuki logo. (Photo: Reuters)
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.

Also Watch

| Edited by: Ahona Sengupta
Read full article
Most Active
Company Price Change %Gain
Reliance 1,031.95 +12.70 +1.25
ICICI Bank 297.95 +4.75 +1.62
HDFC Bank 2,057.60 +1.45 +0.07
HDFC 1,858.90 +11.90 +0.64
TCS 1,819.35 -3.10 -0.17
Company Price Change %Gain
Adani Ports 366.85 +0.85 +0.23
Zee Entertain 563.45 +2.55 +0.45
Infibeam Incorp 154.70 -0.60 -0.39
Reliance 1,032.35 +12.40 +1.22
Vardhman Text 1,210.95 +5.85 +0.49
Top Gainers
Company Price Change %Gain
IOC 170.25 +4.85 +2.93
BPCL 421.95 +11.25 +2.74
HPCL 315.20 +7.30 +2.37
ICICI Bank 297.95 +4.75 +1.62
Reliance 1,031.95 +12.70 +1.25
Company Price Change %Gain
ICICI Bank 297.55 +4.30 +1.47
Reliance 1,032.35 +12.40 +1.22
HDFC 1,853.00 +6.45 +0.35
Tata Motors 306.55 +0.95 +0.31
Infosys 1,246.35 +3.00 +0.24
Top Losers
Company Price Change %Gain
M&M 883.60 -20.80 -2.30
Titan Company 868.40 -19.95 -2.25
Dr Reddys Labs 2,316.40 -51.35 -2.17
Bharti Infratel 279.60 -5.70 -2.00
ONGC 159.70 -3.05 -1.87
Company Price Change %Gain
M&M 883.60 -19.05 -2.11
ONGC 159.70 -3.10 -1.90
Power Grid Corp 195.85 -3.75 -1.88
Sun Pharma 554.60 -9.40 -1.67
SBI 268.70 -4.55 -1.67