Market Worth of 9 of the 10 Most Valuable Companies Drops by INR 2.9 Lakh Core

The nation's most valuable firm, Reliance Industries, was also hit hard, shedding INR 95,132 crore and closing the week valued at INR 16.30 lakh crore.

Nitin Konde

07 Apr 2025 — 2 min read

Market Worth of 9 most valuable companies drops by INR 2.9 lakh core

In the first week of April, the aggregate market capitalisation (mcap) of nine of the ten most valuable Indian corporations fell by INR 2,94,170.16 crore, with Tata Consultancy Services (TCS) suffering the most. During this time, the NSE Nifty dropped 614.8 points, or 2.61%, while the BSE Sensex dropped 2,050.23 points, or 2.64%. Only Bharti Airtel, one of the top ten businesses by market capitalisation, ended the week with a positive valuation, while others witnessed a sharp drop. TCS's overall market capitalisation dropped to INR 11.93 lakh crore as its valuation plummeted by an astounding INR 1.10 lakh crore. The nation's most valuable firm, Reliance Industries, was also hit hard, shedding INR 95,132 crore and closing the week valued at INR 16.30 lakh crore. With its mcap currently at INR 6.03 lakh crore, Infosys also saw a significant erosion of INR 49,050 crore. Over INR 14,000 crore was lost by Bajaj Finance, while INR 9,503 crore was lost by ICICI Bank. Hindustan Unilever Ltd saw a decline in value of about INR 3,500 crore, while HDFC Bank saw a decline of INR 8,800 crore.

Government Entities Also Witnessed Drop

ITC saw a slight decline of INR 312 crore, while State Bank of India lost INR 3,391 crore. In contrast, Bharti Airtel's market value increased by INR 7,013 crore, bringing its market mcap very near to INR 10 lakh crore. In spite of the losses, Reliance Industries was still the most valuable company, followed by Hindustan Unilever, HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, and ITC.

Current Market Condition

The notable decline in market capitalisation among India's leading corporations underscores the current state of volatility and investor restraint in the country's equity markets. Even industrial titans like TCS and Reliance Industries were not immune to the sharp drops in benchmark indices. A rare bright spot was provided by Bharti Airtel's single gain. Investors will be intently monitoring future economic indicators and business profits for indications of stability and recovery, as market sentiment continues to be brittle.

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