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Nine of the 10 most valued companies witnessed a combined erosion of Rs 1,33,433. 64 crore from market valuation in-tandem with a weak broader market trend last week.
Nine of the 10 most valued companies witnessed a combined erosion of Rs 1,33,433. 64 crore from market valuation in-tandem with a weak broader market trend last week.
Hindustan Unilever Ltd was the biggest loser with its market cap plunging by Rs 34,914. 58 crore to reach Rs 5,42,292 crore at close on Friday. Tata Consultancy Services lost 30,887. 07 crore in valuation to Rs 11,50,331 crore. During the last week which was holiday truncated, the 30-share BSE Sensex declined by 953. 58 points or 1.95 percent.
Market valuation of nine of top-10 firms tanks Rs 1.33 lakh crore
PTI
New Delhi |
Updated on
April 25, 2021
HUL was the biggest loser Nine of the 10 most valued companies witnessed a combined erosion of Rs 1,33,433.64 crore from market valuation in-tandem with a weak broader market trend last week.
Hindustan Unilever Ltd (HUL) was the biggest loser with its market cap plunging by Rs 34,914.58 crore to reach Rs 5,42,292 crore at close on Friday. Tata Consultancy Services (TCS) lost 30,887.07 crore in valuation to Rs 11,50,331 crore.
During the last week which was holiday-truncated, the 30-share BSE Sensex declined by 953.58 points or 1.95 per cent.
Among other losers, the valuation of Reliance Industries (RIL) diminished by Rs 18,764.75 crore to Rs 12,07,283.32 crore and that of HDFC tumbled Rs 13,755.09 crore to Rs 4,50,499.54 crore.
M-cap of nine of 10 most-valued firms tanks Rs 1.33 lakh crore
Hindustan Unilever Ltd was the biggest loser with its market cap plunging by Rs 34,914.58 crore to reach Rs 5,42,292 crore at close on Friday. Tata Consultancy Services lost Rs 30,887.07 crore in valuation to Rs 11,50,331 crore
PTI | April 25, 2021 | Updated 11:30 IST
Nine of the 10 most valued companies witnessed a combined erosion of Rs 1,33,433.64 crore from market valuation in-tandem with a weak broader market trend last week.
Hindustan Unilever Ltd was the biggest loser with its market cap plunging by Rs 34,914.58 crore to reach Rs 5,42,292 crore at close on Friday. Tata Consultancy Services lost Rs 30,887.07 crore in valuation to Rs 11,50,331 crore.
Hindustan Unilever Ltd is quoting at Rs 2314.5, down 1.49% on the day as on 13:19 IST on the NSE. The stock jumped 1.38% in last one year as compared to a 57.34% rally in NIFTY and a 18.24% spurt in the Nifty FMCG index.
Hindustan Unilever Ltd fell for a fifth straight session today. The stock is quoting at Rs 2314.5, down 1.49% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 14403.85. The Sensex is at 48122.65, up 0.09%.Hindustan Unilever Ltd has eased around 0.18% in last one month.Meanwhile, Nifty FMCG index of which Hindustan Unilever Ltd is a constituent, has eased around 0.37% in last one month and is currently quoting at 34043.05, down 0.54% on the day. The volume in the stock stood at 12.65 lakh shares today, compared to the daily average of 22.13 lakh shares in last one month.
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