This article was first published 12 years ago

From boom to doom: Fall of India's wealth creators

Last updated on: March 21, 2013 15:20 IST

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Photographs: Reuters.

The Indian stock market boom has seen the rise of many wealthy investors. However, some of the high profile companies have not lived up to the expectations of investors.

Over the last five years, some of big companies have crashed on the bourses, eroding investor wealth.

DLF and Reliance Communications are among the top companies whose market value has sharply fallen over the last five years, according to The Economic Times.

An ET analysis of companies with a valuation of over Rs 5,000 crore (Rs 50 billion) highlights India Inc's biggest wealth destroyers...

...



Photographs: Reuters.

DLF

MCap (Beginning 2008): Rs 1,82,444.52 crore (Rs 1.82 trillion)

Current MCap : Rs 47,189.89 (Rs 471.89 billion)

Change
: -74%

...

Reliance Communications

MCap (Beginning 2008): Rs 1,52,786.92 (Rs 1.52 trillion)

Current MCap: Rs 13,395.49 crore (Rs 133.95 billion)

Change: -91.2%

...


Sterlite Industries

MCap (Beginning 2008): Rs 73,255.36 crore (Rs 732.55 billion)

Current MCap : Rs 33,931.31 crore (Rs 339.31 billion)

Change
: -53.7%

...

Image: Suzlon Chairman Tulsi Tanti.
Photographs: Reuters.

Suzlon Energy

MCap (Beginning 2008): Rs 56,171.94 crore (Rs 561.71 billion)

Current MCap: Rs 2,994.83 crore (Rs 29.94 billion)

Change: -94.7%

...

 


Image: A GMR project.

GMR Infrastructure

MCap (Beginning 2008): Rs 45,461.63 crore (Rs 454.61 billion)

Current MCap: Rs 7,570.72 crore (Rs 75.70 billion)

Change: -83.3%

...

Tata Communications

MCap (Beginning 2008): Rs 21,826.73 crore (Rs 218.26 billion)

Current MCap: Rs 6,537.9 crore (Rs 65.37 billion)

Change: -70%

...

Aban Offshore

MCap (Beginning 2008): Rs 18,316.85 crore (Rs 183.16 billion)

Current MCap:
Rs 1,239.75 crore (Rs 12.39 billion)

Change: -93.2%

...

Mahanagar Telephone Nigam

MCap (Beginning 2008): Rs 13,091.40 crore (Rs 130.91 billion)

Current MCap: Rs 1,300.95 crore (Rs 13 billion)

Change: -90.1%

...



Photographs: Reuters.

Pantaloon Retail (India)

MCap (Beginning 2008): Rs 12,553.71 crore (Rs 125.53 billion)

Current MCap: Rs 4,270.94 crore (Rs 42.70 billion)

Change: -66%

...



Photographs: Reuters.

Tata Teleservices

MCap (Beginning 2008): Rs 11,759.15 crore (Rs 117.59 bilion)

Current MCap: Rs 1,724.55 crore (Rs 17.24 billion)

Change: -85.3%



Photographs: Courtesy, GVK.

GVK Power and Infrastructure

MCap (Beginning 2008): Rs 11,410.18 crore (Rs 114.10 billion)
Current MCap: Rs 1,760.81 crore (Rs 17.60 billion)
Change: -84.6%

...



Photographs: Courtesy: Ashok Constructions.

Deccan Chronicle Holdings

MCap (Beginning 2008):
Rs 5,746. 58 crore (Rs 57.46 billion)

Current MCap: Rs 84.21 crore (Rs 842.1 million)

Change:
-98.5%


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