69th Day Of Lockdown

Maharashtra65168280812197 Tamil Nadu2024611313157 Delhi173877846398 Gujarat1635692321007 Rajasthan83654855184 Madhya Pradesh78914444343 Uttar Pradesh77014651213 West Bengal48131775302 Andhra Pradesh3461228960 Bihar3359120915 Karnataka292299749 Telangana2499141277 Jammu and Kashmir234190828 Punjab2197194942 Odisha17239779 Haryana172194019 Kerala120957510 Assam9361044 Uttarakhand493794 Jharkhand4621914 Chhatisgarh4471021 Chandigarh2891994 Tripura2711720 Himachal Pradesh223634 Goa70420 Manipur6060 Puducherry57230 Nagaland3600 Meghalaya27121 Arunachal Pradesh310 Mizoram110 Sikkim100
Business Market 05 Apr 2020 Seven of top 10 comp ...

Seven of top 10 companies lose Rs 2.82 lakh cr in m-cap

PTI
Published Apr 5, 2020, 11:00 am IST
Updated Apr 5, 2020, 5:12 pm IST
The market capitalisation of Tata Consultancy Services tumbled Rs 61,614.15 crore to Rs 6,20,794.53 crore
Representative Image (PTI)
 Representative Image (PTI)

New Delhi: Seven of the 10 most valued domestic companies lost a staggering Rs 2,82,548.07 crore in market valuation last week, with Tata Consultancy Services (TCS), HDFC Bank and Kotak Mahindra Bank taking the biggest hit.

During the last week, the BSE Sensex lost 2,224.64 points or 7.46 per cent as the coronavirus pandemic wreaked havoc on global financial markets.

 

The market capitalisation of TCS tumbled Rs 61,614.15 crore to Rs 6,20,794.53 crore.

HDFC Bank's valuation tanked Rs 50,199.49 crore to Rs 4,46,065.35 crore and that of Kotak Mahindra Bank plummeted Rs 49,332.07 crore to Rs 2,18,021.18 crore.

The market cap of HDFC dropped Rs 44,102.26 crore to Rs 2,59,703.22 crore and that of ICICI Bank fell by Rs 34,691.74 crore to Rs 1,85,436.82 crore.

Infosys' valuation declined Rs 28,996.74 crore to Rs 2,49,342.72 crore and that of Bharti Airtel went lower by Rs 13,611.62 crore to Rs 2,31,288.35 crore.

In contrast, ITC's valuation advanced by Rs 18,315.42 crore to Rs 2,18,555.87 crore.

Likewise, RIL's market cap zoomed Rs 8,050.87 crore to Rs 6,83,499.82 crore and that of Hindustan Unilever Limited (HUL) gained Rs 2,873.37 crore to Rs 4,66,210.02 crore.

In the list of top-10 firms, Reliance Industries Limited (RIL) held the number one rank, followed by TCS, HUL, HDFC Bank, HDFC, Infosys, Bharti Airtel, ITC, Kotak Mahindra Bank and ICICI Bank.

...
Location: India, Delhi, New Delhi




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT