1. Top five companies take hit of Rs 21,458 cr in market cap

Top five companies take hit of Rs 21,458 cr in market cap

Five of the top 10 most valued domestic companies saw a combined erosion of Rs 21,458.26 crore in their market valuation last week, with RIL taking the biggest hit.

By: | New Delhi | Published: May 22, 2016 12:00 PM
BSE The m-cap of RIL tumbled Rs 14,229.24 crore to Rs 3,02,768.44 crore. (Express Photo)

Five of the top 10 most valued domestic companies saw a combined erosion of Rs 21,458.26 crore in their market valuation last week, with RIL taking the biggest hit.

While RIL, Infosys, Sun Pharma, CIL and HUL suffered losses in their market capitalisation (m-cap) for the week ended Friday, TCS, HDFC Bank, ITC, HDFC and ONGC on the other hand emerged as winners with a cumulative gain of Rs 20,100.16 crore.

The m-cap of RIL tumbled Rs 14,229.24 crore to Rs 3,02,768.44 crore.

HUL’s valuation declined Rs 3,992.46 crore to Rs 1,75,852.34 crore and that of CIL fell by Rs 1,389.6 crore to Rs 1,76,416.06 crore.

The m-cap of Infosys dipped by Rs 1,136.99 crore to Rs 2,76,035.32 crore and that of Sun Pharma went down by Rs 709.97 crore to Rs 1,90,622.21 crore.

On the other hand, ITC’s valuation surged Rs 8,570.27 crore to Rs 2,65,517.59 crore and of ONGC jumped Rs 7,528.83 crore to Rs 1,82,189.16 crore.

HDFC added Rs 2,258.71 crore to Rs 1,86,475.97 crore in its m-cap and TCS (Rs 1,704.42 crore to Rs 4,98,922.21 crore).

HDFC Bank saw a mild gain of Rs 37.93 crore to Rs 2,88,408.55 crore in its valuation.

In the ranking of top-10 firms, TCS continued to remain at number one position followed by RIL, HDFC Bank, Infosys, ITC, Sun Pharma, HDFC, ONGC, CIL and HUL.

On a weekly basis, both the indices – Sensex and Nifty – fell 187.67 points or 0.73 per cent and 65.20 points or 0.83 per cent, respectively.

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