Top 30 companies lost 20 lakh crore  
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.

StockLTPDown%52w HighLoss (Cr)
RELIANCE1306.05-59.45%3220.85278,335
ONGC776.10-43.19%1366.25126,227
RCOM234.35-71.47%821.55120,059
ICICIBANK391.25-72.74%1435.00114,259
NTPC150.25-47.22%284.65110,820
LT799.70-82.26%4506.70106,317
BHEL1191.55-58.49%2870.2082,170
SAIL101.05-64.88%287.7577,115
RPL102.80-61.87%269.6075,060
UNITECH79.65-85.2%538.2574,449
BHARTIARTL677.15-36.04%1058.7572,416
TCS453.85-59.62%1123.8565,566
STER274.00-75.19%1104.5558,844
RELCAPITAL604.15-78.88%2860.0055,404
SBIN1419.45-42.41%2464.5555,004
JINDALSTEL781.95-95.26%16490.8548,383
IOC405.00-49.05%794.9546,498
INFOSYSTCH1202.75-39.67%1993.5545,171
TATASTEEL247.60-74.96%988.9045,145
WIPRO257.50-53.14%549.5042,612