BUSINESS

M-cap of 6 Leading Firms Drops Rs 76,640 Crore

The six valued companies witnessed a combined erosion of Rs 76,640.54 crore in market valuation last week, with HDFC Bank emerging as the biggest laggard. In the previous week, the 30-share BSE benchmark dipped 164.26 points or 0.30 per cent.

From the top-10 list, Reliance Industries Limited, HDFC Bank, Hindustan Unilever Limited, HDFC, State Bank of India and Kotak Mahindra Bank witnessed erosion in their market capitalization.

The market valuation of HDFC Bank tumbled Rs 43,578.18 crore to reach Rs 7,97,422.67 crore.

The valuation of Hindustan Unilever Limited eroded from Rs 13,004.97 crore to Rs 5,54,326.75 crore. HDFC”s market valuation plunged Rs 9,543.39 crore to Rs 4,48,566.27 crore and that of Kotak Mahindra Bank dipped Rs 5,392.88 crore to Rs 3,41,634.86 crore. The market capitalization of Reliance Industries dropped by Rs 4,184.03 crore to Rs 13,34,579.57 crore and that of State Bank by Rs 937.09 crore to Rs 3,82,999.70 crore.

Stock Covered in the news

Reliance Industries Limited-View Detailed Analysis

HDFC Bank-View Detailed Analysis

Hindustan Unilever Limited-View Detailed Analysis

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