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M-cap of Top 10 Companies Erodes by Over Rs 1 Lakh Crore

Over the last week, the BSE Sensex recorded a steep fall of 1,060.99 points or 3.02 percent as sentiment was hit by the imposition of long-term capital gains tax on equities as well as the global market's turmoil.

PTI

Updated:February 11, 2018, 6:49 PM IST
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M-cap of Top 10 Companies Erodes by Over Rs 1 Lakh Crore
Image for representation (Photo: Reuters)
New Delhi: The combined market valuation of the 10 most valued Indian companies slumped by Rs 1,11,986.87 crore last week, with Tata Consultancy Services (TCS) taking the steepest hit.

Over the last week, the BSE Sensex recorded a steep fall of 1,060.99 points or 3.02 percent as sentiment was hit by the imposition of long-term capital gains tax on equities as well as the global market's turmoil.

TCS, the country's most valued firm, suffered a loss of Rs 33,854.18 crore in its market capitalisation (m-cap) to reach Rs 5,68,983.70 crore. HDFC Bank's valuation dropped Rs 24,935.67 crore to Rs 4,80,206 crore and that of HDFC slumped Rs 20,733.18 crore to Rs 2,83,336.41 crore.

The m-cap of Hindustan Unilever (HUL) plunged Rs 8,073.5 crore to Rs 2,89,044.47 crore. The valuation of Infosys dived Rs 6,514.19 crore to Rs 2,42,827.36 crore and that of ONGC declined by Rs 6,031.62 crore to Rs 2,40,943.99 crore.

The market cap of Reliance Industries Limited (RIL) eroded by Rs 4,908.95 crore to Rs 5,68,773.21 crore and that of ITC slumped Rs 4,877.27 crore to Rs 3,30,800.77 crore.

Similarly, the valuation of Maruti Suzuki India tumbled by Rs 1,626.7 crore to Rs 2,70,254.42 crore and that of SBI dipped Rs 431.61 crore to Rs 2,55,854.07 crore.

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

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| Edited by: Tarun Bhardwaj
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Company Price Change %Gain
Reliance 920.80 +4.95 +0.54
Vedanta 251.80 +1.20 +0.48
TCS 3,585.80 -17.90 -0.50
United Spirits 3,250.30 +131.15 +4.20
SBI 266.95 -1.55 -0.58
Company Price Change %Gain
HDFC 1,820.00 +13.95 +0.77
Just Dial 507.40 +42.55 +9.15
Avenue Supermar 1,497.45 +93.25 +6.64
PC Jeweller 192.45 +4.40 +2.34
United Spirits 3,251.00 +128.95 +4.13
Top Gainers
Company Price Change %Gain
Indiabulls Hsg 1,172.10 +60.30 +5.42
Hindalco 245.50 +11.40 +4.87
IOC 163.45 +7.55 +4.84
ONGC 175.45 +7.75 +4.62
HPCL 295.20 +11.95 +4.22
Company Price Change %Gain
ONGC 175.35 +7.70 +4.59
Tata Steel 567.20 +18.80 +3.43
Yes Bank 339.45 +8.95 +2.71
Adani Ports 379.90 +8.70 +2.34
IndusInd Bank 1,914.75 +43.55 +2.33
Top Losers
Company Price Change %Gain
Coal India 275.60 -4.50 -1.61
Tech Mahindra 702.75 -8.60 -1.21
Bharti Infratel 314.85 -3.50 -1.10
ITC 272.30 -2.55 -0.93
ICICI Bank 295.65 -2.05 -0.69
Company Price Change %Gain
Coal India 276.05 -3.80 -1.36
ITC 271.95 -2.85 -1.04
SBI 267.00 -1.50 -0.56
TCS 3,589.45 -15.35 -0.43
ICICI Bank 296.50 -0.75 -0.25