- Hindi News
- Business
- Market Cap Of Top 10 Companies Shrinks By ₹4.95 Lakh Crore, TCS, Reliance Top Losers
New Delhi2 minutes ago
- copy link
The combined market capitalization of the country’s top 10 companies has declined by Rs 4.95 lakh crore in last week’s trading. Among these, TCS suffered the most loss last week. Its market cap declined by ₹1.10 lakh crore to ₹15.08 lakh crore.
At the same time, the market cap of Reliance Industries decreased by ₹ 91 thousand crores to 16.32 lakh crores. The market cap of HDFC Bank has declined by ₹ 76 thousand crores to ₹ 13.54 lakh crores.
Bharti Airtel’s market cap declined by ₹ 59 thousand crore to 8.98 lakh crore. Apart from this, the market value of SBI, ICICI Bank, Infosys, LIC, HUL and ITC has also decreased.
Market value of top-10 companies decreased by ₹4.95 lakh crore
| company | decline in market value (₹ in crores) | Current Market Value (₹ in crores) |
| TCS | ₹1,10,550.66 | ₹15,08,036.97 |
| Reliance Industries | ₹91,140.53 | ₹16,32,004.17 |
| HDFC Bank | ₹76,448.71 | ₹13,54,709.35 |
| Bharti Airtel | ₹59,055.42 | ₹8,98,786.98 |
| SBI | ₹43,909.13 | ₹7,25,125.38 |
| ICICI Bank | ₹41,857.33 | ₹9,07,449.04 |
| Infosys | ₹32,300.2 | ₹7,98,086.90 |
| LIC | ₹20,050.25 | ₹5,69,819.04 |
| THEM | ₹12,805.27 | ₹5,48,617.81 |
| ITC | ₹6,943.5 | ₹5,81,252.32 |
Source: BSE (20 December 2024)
Top 10 companies of the country in terms of market cap
| company | Market Cap (₹ in lakh crores) |
| Reliance Industries | 16.32 |
| TCS | 15.08 |
| HDFC | 13.54 |
| ICICI | 9.07 |
| Airtel | 8.98 |
| Infosys | 7.98 |
| SBI | 7.25 |
| ITC | 5.81 |
| LIC | 5.69 |
| Hindustan Unilever | 5.48 |
Source: BSE (20 December 2024)
What is market capitalization?
Market cap is the value of the total outstanding shares of any company, i.e. all those shares which are currently held by its shareholders. It is calculated by multiplying the total number of issued shares of the company by the stock price.
Market cap is used to categorize shares of companies to help investors select them according to their risk profile. Like large cap, mid cap and small cap companies.
Market Cap = (number of shares outstanding) x (price of shares)
How does market cap work?
Whether a company’s shares will yield profit or not is estimated by looking at many factors. One of these factors is market cap. Investors can find out how big a company is by looking at the market cap.
The higher the market cap of the company, the better the company is considered. Stock prices rise and fall according to demand and supply. Therefore, market cap is the publicly perceived value of that company.
How does market cap fluctuate?
It is clear from the market cap formula that it is calculated by multiplying the total number of issued shares of the company by the stock price. That means if the share price increases then the market cap will also increase and if the share price decreases then the market cap will also decrease.