Articles for Valuation Losses

Market cap of top-10 companies shrinks by ₹4.95 lakh crore; TCS, Reliance bear the brunt of bearish trends
3 weeks, 3 days ago

Market cap of top-10 companies shrinks by ₹4.95 lakh crore; TCS, Reliance bear the brunt of bearish trends

Live Mint  

The combined market valuation of India’s top-10 most valued companies took a massive hit last week, shedding ₹4,95,061 crore as bearish sentiments gripped the equity markets. “The Indian equity market recorded its steepest weekly decline since June 2022," said Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd, as quoted by PTI. Valuation Losses Among Major Firms TCS saw its …

India Market Reliance Industries Crore Lic Tcs Reliance Valuation Losses
Byju’s valuation makes no sense to Harsh Goenka; Kiran Mazumdar-Shaw agrees
2 years, 3 months ago

Byju’s valuation makes no sense to Harsh Goenka; Kiran Mazumdar-Shaw agrees

Live Mint  

One of India’s most valuable startups, Byju’s, has grabbed the attention of Harsh Goenka and Kiran Mazumdar-Shaw, but for all the wrong reasons. The numbers confused Goenka, who tweeted, “Byju’s revenues - 2,280 crore; Byju’s losses- 4,588 crore. Contrarily, Byju's claimed that revenue increased four-fold to ₹10,000 crore in the fiscal year ended March 31, 2022, but the company did …

Revenue Crore Goenka