M-Cap Of Six Of The Top 10 Most Valued Domestic Companies Fell

August 16, 2020 daknewsnetwork

M-Cap Of Six Of The Top 10 Most Valued Domestic Companies Fell.6 out of the top 10 domestic companies incurred a total loss of 78,275.12 crores, more than 20 thousand crores of Reliance alone.

The market capitalization (M-Cap) of six of the top 10 most valued domestic companies fell by a total of Rs 78,275.12 crore last week. The biggest decline has come in the market capitalization of Reliance Industries and Tata Consultancy Services.

The Sensex had lost 163.23 points or 0.42 percent in the previous week. Among the companies whose M-cap dropped last week, Reliance Industries Limited (RIL), Tata Consultancy Services (TCS), HDFC Bank (HDFC Bank), Hindustan Unilever, Bharti Airtel (Bharti Airtel) and Kotak Kotak Mahindra Bank has also been involved.

However, the market capitalization of Infosys, HDFC, HDFC, ITC, and ICICI Bank (ICICI Bank) registered an increase last week. Among the top 10 domestic companies, Reliance Industries Ltd’s m-Cap recorded the highest decline last week. It has fallen by Rs 20,666.46 crore to Rs 13,40,213.50 crore.

TCS ‘M cap has declined by Rs 19,700.02 crore, bringing it to Rs 8,41,453.51 crore. At the same time, Bharti Airtel’s M-cap has fallen by Rs 17,294.12 crore to Rs 2,88,544.43 crore. Hindustan Unilever Limited’s m-cap also fell by Rs 8,634.6 crore to Rs 5,10,792.18 crore.

Besides, Kotak Mahindra Bank’s M-cap fell by Rs 6,728.15 crore to Rs 2,58,855.93 crore and HDFC Bank’s M-cap fell by Rs 5,251.77 crore to Rs 5,68,867.60 crore. In contrast, HDFC’s MCAP has risen by Rs 12,609.98 crore, bringing it to Rs 3,21,014.11 crore. ICICI Bank’s M-cap has increased by Rs 2,338.16 crore, bringing it to Rs 2,34,090.06 crore.

Talking about the market capitalization of Infosys, it has risen by Rs 1,171.31 crore and it has increased to Rs 4,06,123.91 crore. At the same time, ITC’s market capitalization has increased by Rs 604.97 crore to Rs 2,41,787.95 crore.

Reliance Industries Limited remained at the top of the list of top ten domestic companies. It was followed by TCS, HDFC Bank, HUL, Infosys, ADFC, Bharti Airtel, Kotak Mahindra Bank, and ICICI Bank respectively.