MillenniumPost
Business

Top 7’s M-cap dips by Rs 30,797 crore

Seven of the top-10 most valued companies of the country saw a cumulative loss of Rs 30,797 crore in market valuation last week. TCS, ITC and Coal India witnessed addition in their market capitalisation (m-cap) in the week gone by. SBI took a big hit in market value,  plunging by Rs 6,935 crore to Rs 1,61,715 crore.

Among others, RIL’s value slipped Rs 5,970 crore to Rs 2,89,078 crore, while HDFC Bank lost Rs 5,762 crore to Rs 1,51,493 crore.  Infosys saw its m-cap plummet by Rs 2,510 crore to Rs 1,59,117 crore. NTPC lost Rs 2,103 crore to Rs 1,29,247 crore and ICICI Bank Rs 202 lost crore to Rs 1,35,054 crore.

On the other hand, CIL’s m-cap soared Rs 9,190 crore to Rs 2,24,704 crore, while ITC added Rs 7,641 crore to Rs 2,43,556 crore.
Next Story
Share it