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Monday, December 23, 2024 | 04:40 AM ISTEN Hindi

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Five of top 10 companies lose Rs 266 bn in market cap, SBI most hit

The other firms which witnessed a decline in their market capitalisation (m-cap) for the week ended Thursday were TCS, ITC, ONGC and HDFC Bank

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Press Trust of India
Five of the 10 most valued Indian companies saw a combined erosion of Rs 266.41 billion in market valuation last week, with the country's largest lender State Bank of India (SBI) taking the steepest hit.

The other firms which witnessed a decline in their market capitalisation (m-cap) for the week ended Thursday were TCS, ITC, ONGC and HDFC Bank.

On the other hand, RIL, Maruti Suzuki, HDFC, Infosys and HUL finished the week with gains.

The m-cap of SBI dived by Rs 116.96 billion to Rs 226.63 billion.

The valuation of TCS plunged Rs 76.18 billion to Rs 5.8 trillion and that of ITC

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