Top 30 companies lost 20 lakh crore
17 Oct 08, 10:35pm
17 Oct 08, 10:35pm
As Indian market slips in tune with global peers on economic meltdown, investors are loosing big amount of money. When Sensex lost 11,231 points in 2008 from an all time high of 21,206.77 on January 10, 2008.
In last nine months top 30 companies lost 20 lakh crore (20,08,560 crore rupees) or 418 billion US dollars in market value.
1350 top trading companies collectively made a loss of 35,26,220 crore in market value (734 billion US dollars). Remember India's last year gross domestic production (GDP) was 1,170 billion dollars as per World Bank report.
Reliance Industries, India's largest company in terms of market capitalization and profit reported a drop in market value of 278,335 crore rupees. ONGC (126,227 crore), Reliance Communications (120,059 crore), ICICI Bank (114,259), 110,820, NTPC (110,820) and L & T (106,317) are the top losers in terms of market value.
In last nine months top 30 companies lost 20 lakh crore (20,08,560 crore rupees) or 418 billion US dollars in market value.
1350 top trading companies collectively made a loss of 35,26,220 crore in market value (734 billion US dollars). Remember India's last year gross domestic production (GDP) was 1,170 billion dollars as per World Bank report.
Reliance Industries, India's largest company in terms of market capitalization and profit reported a drop in market value of 278,335 crore rupees. ONGC (126,227 crore), Reliance Communications (120,059 crore), ICICI Bank (114,259), 110,820, NTPC (110,820) and L & T (106,317) are the top losers in terms of market value.
Stock | LTP | Down% | 52w High | Loss (Cr) |
RELIANCE | 1306.05 | -59.45% | 3220.85 | 278,335 |
ONGC | 776.10 | -43.19% | 1366.25 | 126,227 |
RCOM | 234.35 | -71.47% | 821.55 | 120,059 |
ICICIBANK | 391.25 | -72.74% | 1435.00 | 114,259 |
NTPC | 150.25 | -47.22% | 284.65 | 110,820 |
LT | 799.70 | -82.26% | 4506.70 | 106,317 |
BHEL | 1191.55 | -58.49% | 2870.20 | 82,170 |
SAIL | 101.05 | -64.88% | 287.75 | 77,115 |
RPL | 102.80 | -61.87% | 269.60 | 75,060 |
UNITECH | 79.65 | -85.2% | 538.25 | 74,449 |
BHARTIARTL | 677.15 | -36.04% | 1058.75 | 72,416 |
TCS | 453.85 | -59.62% | 1123.85 | 65,566 |
STER | 274.00 | -75.19% | 1104.55 | 58,844 |
RELCAPITAL | 604.15 | -78.88% | 2860.00 | 55,404 |
SBIN | 1419.45 | -42.41% | 2464.55 | 55,004 |
JINDALSTEL | 781.95 | -95.26% | 16490.85 | 48,383 |
IOC | 405.00 | -49.05% | 794.95 | 46,498 |
INFOSYSTCH | 1202.75 | -39.67% | 1993.55 | 45,171 |
TATASTEEL | 247.60 | -74.96% | 988.90 | 45,145 |
WIPRO | 257.50 | -53.14% | 549.50 | 42,612 |