Markets

M-cap of top five cos falls by Rs 42,520 cr last week

PTI New Delhi | Updated on March 12, 2018 Published on October 12, 2014

The market valuation of top five Indian companies fell Rs 42,519.88 crore last week, with IT major TCS taking the biggest hit.

While TCS, ITC, CIL, HDFC Bank and Sun Pharma saw losses in their valuation, ONGC, RIL, Infosys, SBI and ICICI Bank made gains.

The market capitalisation (m-cap) of TCS plunged by Rs 18,911.52 crore to Rs 5,24,772.61 crore.

ITC’s m-cap tanked by Rs 8,691.94 crore to Rs 2,81,610.82 crore, while Sun Pharma lost Rs 8,626.15 crore to Rs 1,69,582 crore.

The valuation of CIL fell Rs 6,000.55 crore to Rs 2,11,313.97 crore and HDFC Bank lost Rs 289.72 crore to Rs 2,09,309.66 crore.

On the other hand, RIL’s value moved up by Rs 10,834.71 crore to Rs 3,10,584.25 crore, while that of ICICI Bank rose Rs 3,673.42 crore to Rs 1,68,967.23 crore.

Infosys saw its m-cap climb Rs 2,397.43 crore to Rs 2,23,317.57 crore, SBI (Rs 2,112.8 crore to Rs 1,83,007.46 crore) and ONGC (Rs 1,582.77 crore to Rs 3,46,069.58 crore).

In the ranking of top-10 firms, TCS was at number one position followed by ONGC, RIL, ITC, Infosys, CIL, HDFC Bank, SBI, Sun Pharma and ICICI Bank.

The BSE 30-share barometer Sensex ended the week at 26,297.38, a net fall of 270.61 points or 1.02 per cent.

Published on October 12, 2014
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