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Nine of top 10 most valued firms lose Rs 1.63 trn in m-cap; RIL most hit

Reliance Industries Ltd's, the most valued firm, valuation tanked by Rs 39,355.06 crore to Rs 13,89,159.20 crore

Topics
market capitalisation | Markets | Reliance Industries

Press Trust of India  |  New Delhi 

BSE, sensex, market, shares, stocks, trading, brokers, investment, investors, growth, results, Q, earnings
Bombay Stock Exchange

Nine of the top 10 most valued companies witnessed a combined erosion of Rs 1,63,510.28 crore in market valuation last week, with emerging as the biggest laggard.

The benchmark index had tumbled by 1,071.43 points or 2.63 per cent during the week.

Barring Kotak Mahindra Bank, whose (m-cap) rose by Rs 32,570.94 crore to Rs 3,06,331.09 crore, other nine firms among the top 10 saw depletion in their market worth.

Ltd's (RIL), the most valued firm, valuation tanked by Rs 39,355.06 crore to Rs 13,89,159.20 crore.

Another heavyweight HDFC Bank's valuation diminished by Rs 28,574.61 crore to reach Rs 6,51,518.11 crore, followed by whose m-cap fell by Rs 26,152.79 crore to Rs 4,51,753.23 crore.

HDFC's worth declined by Rs 24,844.93 crore to Rs 3,45,287.89 crore, Hindustan Unilever Ltd's m-cap dipped by Rs 16,858.07 crore to Rs 4,86,898.54 crore, ICICI Bank's valuation eroded by Rs 16,754.64 crore to Rs 2,70,736.06 crore and Tata Consultancy Services (TCS) market value tumbled by Rs 8,105.15 crore to Rs 9,99,954.24 crore.

The valuation of declined by Rs 2,455.87 crore to Rs 2,28,816.24 crore and that of Bharti Airtel dipped by Rs 409.16 crore to Rs 2,36,552.97 crore.

In the ranking of top 10 firms, RIL topped the chart followed by TCS, HDFC Bank, HUL, Infosys, HDFC, Kotak Mahindra Bank, ICICI Bank, Airtel and

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First Published: Sun, November 01 2020. 11:21 IST
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