Latest News
Mcap of HDFC Bank decreased by over Rs 55,000 crore; 8 out of 10 Top Firms Lose
Connect with Us
| ➡️ Click here to Join Whatsapp News Group - Get instant updates of all Banking News |
The Mcap of 8 of the top 10 firms has decreased by Rs 1.55 lakh crore. Out of the top 10 most valuable firms, eight companies lost a combined Rs 1,55,671.9 crore, while two companies (TCS and L&T) recorded valuation gains. HDFC Bank experienced the highest absolute decline, tumbling by Rs 55,506.95 crore, followed by Bajaj Finance, which eroded by Rs 34,180.51 crore.
Top-10 Companies Market Capitalization Summary
| Rank / Company | Latest Market Valuation (Rs) | Change in Valuation (Rs) | Trend |
| 1. Reliance Industries | Rs 16,10,372.11 crore | -Rs 27,065.08 crore | Loss |
| 2. Bharti Airtel | Rs 11,79,454.70 crore | -Rs 9,360.75 crore | Loss |
| 3. HDFC Bank | Rs 10,67,121.12 crore | -Rs 55,506.95 crore | Loss (Biggest Laggard) |
| 4. ICICI Bank | Rs 10,01,594.91 crore | -Rs 1,276.53 crore | Loss |
| 5. Tata Consultancy Services (TCS) | Rs 9,14,652.52 crore | +Rs 23,517.56 crore | Gain |
| 6. State Bank of India | Rs 8,83,384.38 crore | -Rs 4,338.46 crore | Loss |
| 7. Bajaj Finance | Rs 5,77,146.21 crore | -Rs 34,180.51 crore | Loss |
| 8. Larsen & Toubro (L&T) | Rs 5,01,513.72 crore | +Rs 1,788.66 crore | Gain |
| 9. Life Insurance Corporation of India (LIC) | Rs 4,81,142.58 crore | -Rs 21,062.24 crore | Loss |
| 10. Infosys | Rs 4,68,528.03 crore | -Rs 2,881.38 crore | Loss |
Mcap of PSU Banks
| Bank Name | Market Cap (Rs. cr) |
| State Bank of India | 883,370.10 |
| Punjab National Bank | 138,317.57 |
| Union Bank of India | 136,259.86 |
| Bank of Baroda | 119,458.47 |
| Indian Bank | 112,868.85 |
| Canara Bank | 105,582.38 |
| Bank of India | 59,662.71 |
| Bank of Maharashtra | 57,917.41 |
| Indian Overseas Bank | 55,266.41 |
| UCO Bank | 27,135.61 |
| Central Bank of India | 26,104.24 |
| Punjab & Sind Bank | 12,949.44 |
Also Read: Government Plans to Reduce Stake in Four Public Sector Banks
Advertisement
Mcap of Private Banks
| Company Name | Market Cap (Rs. cr) |
| HDFC Bank | 1,067,121.12 |
| ICICI Bank | 1,001,594.91 |
| Kotak Mahindra Bank | 427,858.37 |
| Axis Bank | 378,044.67 |
| Federal Bank | 84,074.48 |
| IDBI Bank | 82,245.12 |
| AU Small Finance Bank | 70,215.55 |
| IndusInd Bank | 65,058.58 |
| IDFC First Bank | 62,390.36 |
| RBL Bank | 53,569.23 |
| Yes Bank | 49,564.44 |
| Karur Vysya Bank | 32,427.65 |
| Bandhan Bank | 24,400.90 |
| City Union Bank | 21,995.48 |
| South Indian Bank | 13,770.73 |
| Tamilnad Mercantile Bank (TMB) | 12,624.57 |
| Jammu & Kashmir Bank (JK Bank) | 12,448.87 |
| Karnataka Bank | 11,359.03 |
| Ujjivan Small Finance Bank | 11,327.20 |
| Equitas Small Finance Bank | 7,529.53 |
| DCB Bank | 6,506.62 |
| CSB Bank | 5,430.11 |
| Jana Small Finance Bank | 4,054.57 |
| Utkarsh Small Finance Bank | 2,131.87 |
| ESAF Small Finance Bank | 1,999.97 |
| Dhanlaxmi Bank | 1,420.92 |
| Suryoday Small Finance Bank | 1,420.12 |
| Capital Small Finance Bank | 1,179.58 |
Also Read: Man Vandalises SBI Branch in Gujarat Over Gold Loan Dispute, Causes Rs 2.30 Lakh Damage
Advertisement
Also Check This
Advertisement
Please login to comment