top 10 firms, Rs.1.68 lakh crore disappeared… market value keeps falling! – Six of top 10 firms lose rs 1.68 lakh cr in m-cap

by time news
Among the top 10 companies by market capitalization, 6 companies with a market capitalization of Rs 1,68,260.37 crore declined. TCS is the first among them.

IT major Tata Consultancy Services’ market cap fell by Rs 99,270.07 crore. Now its value has fallen to Rs 10,95,355.32 crore. It has continued to decline after missing its earnings in the June quarter. Another IT major, Infosys’ market capitalization fell by Rs 35,133.64 crore to Rs 6,01,900.14 crore. The market capitalization of leading bank HDFC Bank fell by Rs 18,172.43 crore to Rs 7,57,659.72 crore.

SBI Bank’s market capitalization fell by Rs 8,433.76 crore to Rs 4,27,488.90 crore. Similarly, HDFC’s market capitalization fell by Rs 4091.62 crore to Rs 4,02,121.99 crore while ICICI Bank’s market capitalization fell to Rs 3158.85 crore. Hindustan Unilever Ltd’s market capitalization increased by Rs 17,128.52 crore to Rs 6,03,551.26 crore.

On the other hand, the market capitalization of Reliance Industries increased by Rs 6,801.72 crore to Rs 16,24,681.08 crore. ITC’s market capitalization rose by Rs 1,318.80 crore to Rs 3,62,327.81 crore. LIC’s market capitalization rose by Rs 316.25 crore to Rs 4,48,157.71 crore.

The top 10 companies include TCS, HDFC Bank, Hindustan Unilever Limited, Infosys, ICICI Bank, LIC, SBI, HDFC and ITC.

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