Months after Ratan Tata’s death, Noel Tata’s TCS loses Rs 11,93,769 crore in just…, reason is…
GH News April 06, 2025 09:06 PM
Huge loss for Ratan Tatas TCS: In one of the biggest setbacks for Noel Tatas Tata Consultancy Services TCS one of the top IT companies in India the market valuation of TCS tumbled to Rs 1193769.89 crore making a total loss of Rs 110351.67 crore in a weeks time. Here are all the details you should know about the recent loss to TCS. The huge loss to TCS in its mcap came after TCS shares fell by 6.90 per cent and closed at Rs 3304.85 on Friday (April 4). For a detailed market standing the market cap of TCS is Rs 1193769.89 crore as of date and as a result of the recent developments Tata Consultancy Services (TCS) became the biggest laggard among the top 10 Indian companies. From the top-10 pack Tata Consultancy Services (TCS) Reliance Industries Infosys Bajaj Finance ICICI Bank HDFC Bank Hindustan Unilever Ltd State Bank of India and ITC faced erosion from their market valuation. Bharti Airtel emerged as the only gainer. Market valuation of TCS tumbles The market valuation of TCS tumbled by Rs 110351.67 crore to Rs 1193769.89 crore. The valuation of index bellwether Reliance Industries tanked by Rs 95132.58 crore to Rs 1630244.96 crore and that of Infosys plunged by Rs 49050.04 crore to Rs 603178.45 crore. Bajaj Finance’s market capitalisation (mcap) declined by Rs 14127.07 crore to Rs 540588.05 crore and that of ICICI Bank dropped by Rs 9503.66 crore to Rs 943264.95 crore. Private sector lender HDFC Bank’s valuation diminished by Rs 8800.05 crore to Rs 1390408.68 crore and that of Hindustan Unilever Ltd dipped by Rs 3500.89 crore to Rs 527354.01 crore. Market capitalisation of SBI goes down The market capitalisation (mcap) of the State Bank of India slumped by Rs 3391.35 crore to Rs 685232.33 crore and that of ITC slipped by Rs 312.85 crore to Rs 512515.78 crore. However the mcap of Bharti Airtel climbed Rs 7013.59 crore to Rs 994019.51 crore (With inputs from agencies)
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