Coal India, RIL past week's biggest losers

Image
Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 1:30 AM IST

The market capitalisation (m-cap) of seven of the country's top-10 firms diminished by Rs 49,445 crore during the past week, with state-run Coal India and corporate major Reliance Industries losing the most.

The coal behemoth sufferred a loss of Rs 12,253.74 crore from its market valuation which stood at Rs 1,97,417.83 crore as on Friday.

CIL's scrip plunged 5.84 per cent last week and had closed at Rs 312.55 on the Bombay Stock Exchange.

The country's most valued firm Reliance Industries (RIL) saw its valuations erode by Rs 11,224.26 crore to Rs 3,14,982.94 crore.

Similarly, another energy major ONGC shed Rs 6,256 crore from its m-cap which was Rs 2,64,385.72 crore.

Besides, two of the top IT firms -- TCS and Infosys Technologies-- together added Rs 9,606.57 crore to their combined valuation. The m-cap of TCS was Rs 2,04,625.26 crore, while that of Infosys was Rs 1,74,539.73 crore.

The country's top lenders-- SBI and ICICI Bank-- together shed Rs 11,182.15 crore from their cumulative market valuations. The m-cap of SBI and ICICI stood at Rs 1,81,534.12 crore and Rs 1,29,172.15 crore, respectively.

The valuation of power major NTPC also went down by Rs 6,225.32 crore to Rs 1,45,738.51 crore.

FMCG giant ITC's valuation also declined by Rs 2,303.93 crore to Rs 1,29,103.64 crore.

Telecom major Bharti Airtel, however, bucked the trend and added Rs 1,784.83 crore to its valuation which stood at Rs 1,26,666.28 crore.

The exclusive list of top-10 companies is decided as per the market valuations of each firm.

Meanwhile, the stock market during this period fell 2.29 per cent to settle at 19,136.61 at the end of Friday's trade on the Bombay Stock Exchange.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 28 2010 | 4:59 PM IST

Next Story