Top Shares: Adani shares made investors poor but these six stocks made them rich – itc and five other companies whose market cap rose over rs 50,000 crore in last one year
Similarly, the market cap of HDFC has increased by Rs 1.02 lakh crore in the last one year. Its market cap is Rs 5,06,264 lakh crore. Its shares have gained 25 per cent in the last one year. The market cap of the second largest private sector bank ICICI Bank (ICICI Bank) increased by Rs 87,733 crore in the last one year. Its market cap is Rs 6,17,477 crore. Its shares have gained 18 per cent in the last one year. The market cap of FMCG company Hindustan Unilever has increased by Rs 70,758 crore in the last one year. Currently the market cap of the company is Rs 5,86,927 crore. During this period, the company’s shares have gained 19 percent. The market cap of engineering sector company Larsen & Toubro increased by Rs 70,358 crore to reach Rs 3,11,314 crore in the last one year. It has grown by 34 per cent in the last one year.
The market cap of these companies fell
However, in the last one year, the market cap of at least ten companies has declined by more than Rs 50,000 crore. The biggest decline has come in Adani Group companies. The market cap of Adani Green Energy has fallen by Rs 3 lakh crore in the last one year. Similarly, the market cap of Adani Total Gas has decreased by Rs 1.7 lakh crore and that of Adani Transmission by Rs 1.7 lakh crore. During this period, the shares of these companies have declined by 62 to 68 percent. The market cap of the country’s most valuable company Reliance Industries has decreased by Rs 1.4 lakh crore. During this period, the shares of Reliance Industries have fallen by 14%.
This list includes three tech sector companies Infosys, Tata Consultancy Services (TCS) and Wipro. In the last one year, the market cap of Infosys has declined by Rs 1.6 lakh crore, that of TCS by Rs 1.4 lakh crore and that of Wipro by Rs 94,000 crore. In the last one year, the shares of these companies have declined by 12 to 31 per cent. In the last one year, the market cap of Bajaj Finance declined by Rs 81,327 crore, Vedanta by Rs 53,714 crore and FSN E-Commerce Ventures by Rs 51,008 crore. During this period, shares of Bajaj Finance have declined by 19%, Vedanta by 34% and FSN E-Commerce Ventures by 59%.