M-cap of 9 of the top-10 companies of the country decreased by more than Rs 1 lakh crore, Reliance’s ‘magic.
Nine out of the country’s 10 most valuable companies suffered a total loss of Rs 1,03,532.08 crore in the market valuation last week.
Among them, Tata Consultancy Services has suffered the most. Let us tell you that last week, the 30-share benchmark of BSE had fallen 491.90 points or 0.83 percent.
Reliance in profit, TCS in the loss.
Reliance Industries Limited, the most valuable firm by market valuation, has emerged as the only gainer among the top-10 companies.
Its valuation has increased by Rs 30,474.79 crore to Rs 16,07,857.69 crore. At the same time, the market valuation of Tata Consultancy Services declined by Rs 44,037.2 crore to Rs 13,67,021.43 crore.
M-cap of 9 of the top-10 companies of the country decreased: Whose market capitalization decreased by how much?
The market capitalization (Mcap) of HDFC declined by Rs 13,772.72 crore to Rs 4,39,459.25 crore.
At the same time, the valuation of Hindustan Unilever Limited declined by Rs 11,818.45 crore to Rs 5,30,443.72 crore and that of ICICI Bank declined by Rs 9,574.95 crore to Rs 5,49,434.46 crore.
The market capitalization of Bajaj Finance declined by Rs 8,987.52 crore to Rs 4,22,938.56 crore and that of Infosys declined by Rs 8,386.79 crore to Rs 7,23,790.27 crore.
At the same time, the market capitalization of Bharti Airtel has come down by Rs 3,157.91 crore to Rs 3,92,377.89 crore.
The market capitalization of HDFC Bank has declined by Rs 2,993.33 crore, taking it to Rs 8,41,929.20 crore.
At the same time, the valuation of the country’s largest bank, State Bank of India has come down by Rs 803.21 crore to Rs 4,72,379.69 crore.
Top 10 companies in terms of market capitalization
Reliance Industries Limited continues to top the chart of top-10 companies. It is followed by Tata Consultancy Services, HDFC Bank.
Infosys, ICICI Bank, Hindustan Unilever Limited, State Bank of India, HDFC, Bajaj Finance, and Bharti Airtel.
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