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1-min read

Seven of Top-10 Companies Lose Rs 76,164 Crore in M-cap; TCS Worst Hit

From the top-10 pack, only Reliance Industries Limited (RIL), HDFC and SBI witnessed gains in their market valuation for the week ended Friday.

PTI

Updated:November 24, 2019, 10:17 AM IST
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Seven of Top-10 Companies Lose Rs 76,164 Crore in M-cap; TCS Worst Hit
Representative image (Reuters)

New Delhi: Seven of the 10 most valued domestic firms suffered a combined erosion of Rs 76,164.3 crore in market capitalisation last week, with TCS taking the biggest knock.

From the top-10 pack, only Reliance Industries Limited (RIL), HDFC and SBI witnessed gains in their market valuation for the week ended Friday.

The market capitalisation (m-cap) of Tata Consultancy Services (TCS) dropped Rs 39,118.6 crore to Rs 7,76,950.02 crore.

Kotak Mahindra Bank's valuation tumbled Rs 10,410.2 crore to Rs 2,99,602.51 crore and that of Infosys tanked Rs 7,174.59 crore to reach Rs 2,95,174.92 crore.

The market cap of Hindustan Unilever Limited (HUL) declined Rs 7,154.7 crore to Rs 4,38,201.26 crore and that of HDFC Bank plunged Rs 7,033.72 crore to Rs 6,92,671.21 crore.

ITC's valuation fell Rs 3,686.3 crore to Rs 3,04,304.16 crore. ICICI Bank lost Rs 1,586.19 crore in valuation to stand at Rs 3,21,139.67 crore.

In contrast, the market cap of RIL zoomed Rs 48,874.91 crore to Rs 9,80,287.54 crore.

Also, State Bank of India (SBI) added Rs 6,381.1 crore to its m-cap to reach Rs 2,93,753.59 crore. The valuation of HDFC advanced Rs 2,098.74 crore to Rs 3,86,298.69 crore.

In the ranking of top-10 firms, RIL remained at the top position, followed by TCS, HDFC Bank, HUL, HDFC, ICICI Bank, ITC, Kotak Mahindra Bank, Infosys and SBI.

During the last week, the Sensex inched up 2.72 points.

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Tata Motors 176.85 2.02
Indiabulls Hsg 302.50 3.86
TCS 2,056.80 1.78
SBI 330.70 2.75
Tata Steel 424.95 1.49
Company Price Change %Gain
Indiabulls Hsg 301.45 3.40
Tata Motors 176.75 1.96
Yes Bank 46.45 2.43
SBI 330.95 2.84
Infosys 709.05 1.03
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Axis Bank 749.85 3.84
Vedanta 149.00 3.47
SBI 330.70 2.75
Coal India 194.35 2.21
Hindalco 205.90 2.21
Company Price Change %Gain
Axis Bank 749.80 3.91
Vedanta 149.05 3.54
TML-D 72.70 3.19
SBI 330.95 2.84
Yes Bank 46.45 2.43
Top Losers
Company Price Change %Gain
Dr Reddys Labs 2,816.95 -3.05
Bharti Airtel 429.20 -2.15
Bharti Infratel 248.00 -1.67
Zee Entertain 280.90 -1.20
Bajaj Auto 3,230.40 -0.95
Company Price Change %Gain
Bharti Airtel 429.80 -1.94
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Kotak Mahindra 1,704.80 -0.64
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Tech Mahindra 751.80 -0.55

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