MUMBAI: Amid continuing slide on bourses, country's top 10 firms debate in terms of market capitalisation lost more than Rs 55,000 crore last week, even as Reliance Industries retained its numero uno position.
The 10 companies together lost Rs 55,610 crore of market capitalisation. Public sector power major NTPC is the only one to defy the downslide. Market leader RIL faced maximum loss at Rs 21,515 crore, even as it remained the country's most valued firm with a market capitalisation of Rs 2,80,777 crore. At the end of Friday's trade, the total market value of the ten most valued firms -- comprising six from public sector and four private sector entities -- stood at Rs 13,69,155 crore, down from Rs 14,24,765 crore a week ago. Public sector energy giant ONGC, the country's second most valued firm, recorded the second biggest loss of Rs 10,256 crore, while two other PSUs -- MMTC and NMDC -- also saw their market values plummeting in the range of Rs 5,200-7,300 crore. Another state-run major BHEL recorded a loss of Rs 1,713 crore, while NTPC saw its market value growing by about Rs 165 crore. PSU banking giant State Bank lost about Rs 400 crore. Among private sector firms, Bharti Airtel lost close to Rs 4,812 crore, Infosys' market value declined by close to Rs 3,958 crore and the loss for Reliance Communications stood at about Rs 578 crore. Despite the loss, Reliance Communications returned to the top-ten rankings, while real estate major DLF moved out. In the ranking, RIL was followed by ONGC (Rs 2,18,764 crore), Bharti Airtel (Rs 1,47,805 crore), NTPC (Rs 143,182 crore), MMTC (114,067 crore), NMDC (Rs 110,655 crore), Infosys (Rs 94,098 crore), SBI (Rs 96,013 crore), BHEL (Rs 83,059 crore) and RCOM (Rs 80,734 crore). http://economictimes.indiatimes.com/articleshow/3482280.cms?from_et_daily_newsltr=1 Experience is the teacher of all things. - Julius Caesar --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
