Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.

News

Nov 13, 2017, 10.59 PM IST

Portfolio

Loading...
Select Portfolio and Asset Combination for Display on Market Band
Select Portfolio
Select Asset Class
Show More
Download ET MARKETS APP

Get ET Markets in your own language

DOWNLOAD THE APP NOW

+91

CHOOSE LANGUAGE

ENG

  • ENG - English
  • HIN - हिन्दी
  • GUJ - ગુજરાતી
  • MAR - मराठी
  • BEN - বাংলা
  • KAN - ಕನ್ನಡ
  • ORI - ଓଡିଆ
  • TEL - తెలుగు
  • TAM - தமிழ்
Drag according to your convenience
ET NOW RADIO
ET NOW
TIMES NOW

6 of top 10 most valued firms lose Rs 60,422 crore in m-cap

PTI|
Updated: Nov 12, 2017, 05.07 PM IST
0Comments
In contrast, the m-cap of TCS surged Rs 17,343.44 crore to Rs 5,17,489.36 crore.
In contrast, the m-cap of TCS surged Rs 17,343.44 crore to Rs 5,17,489.36 crore.
The combined market valuation of 6 of the top-10 most valued Indian companies together took a knock of Rs 60,422.54 crore last week, with RIL being the hardest hit.

While Reliance Industries Ltd (RIL), HDFC Ltd, ITC, HDFC Bank, Maruti Suzuki India and ONGC suffered losses in their market capitalisation (m-cap) for the week ended Friday, TCS, HUL, Infosys and State Bank of India (SBI) saw a jump in their valuation.

The m-cap of RIL dived Rs 39,328.34 crore to Rs 5,59,526.33 crore.

HDFC's valuation plunged Rs 10,782.84 crore to Rs 2,72,402.31 crore and that of ITC tanked Rs 4,935.13 crore to Rs 3,18,468.37 crore.

The market cap of HDFC Bank dropped Rs 3,116.2 crore to Rs 4,70,454.76 crore and that of Maruti came down by Rs 1,554.2 crore to Rs 2,46,646.86 crore.

ONGC's valuation fell by Rs 705.83 crore to Rs 2,44,858.13 crore.

In contrast, the m-cap of Tata Consultancy Services (TCS) surged Rs 17,343.44 crore to Rs 5,17,489.36 crore.

The valuation of Hindustan Unilever Ltd (HUL) soared Rs 11,395.98 crore to Rs 2,79,380.07 crore and that of Infosys jumped Rs 7,799.17 crore to Rs 2,20,649.17 crore.

SBI added Rs 7,078.28 crore at Rs 2,87,619.92 crore in its m-cap.

In the ranking of top-10 firms, RIL continued to remain at the pole position followed by TCS, HDFC Bank, ITC, SBI, HUL, HDFC Ltd, Maruti, ONGC and Infosys.

Over the last week, the Sensex recorded a fall of 371 points, or 1.10 per cent, and the NSE Nifty 130.75 points, or 1.25 per cent.
0Comments
Comments
Add Your Comments

Loading
Please wait...