Ambani bros lose Rs 1 lakh cr wealth in single day2008-01-21 17:00:19 Source : moneycontrol.com

t was worst trading session in the history of Indian equity market in terms absolute fall of points as the Indian benchmark indices BSE Sensex plunged 1356 points or 7% and Nifty tumbled 491 points or 8.61%. In this slaughter trade outstanding wealth creator Reliance group, be it the Mukesh Ambani camp or Anil Dhirubhai Ambani Group (ADAG) companies have also shed off significant market cap.


Mukesh Ambani's Group Reliance Petroleum and Anil Ambani’s (ADAG)Reliance Natural Resources were saw nasty fall in today's trade, they dropped down 17.53% and 23.21% respectively.

In today’s trade Mukesh Ambani's Group companies have lost Rs 53753.08 crore of market cap and Anil Ambani’s ADAG have lost Rs 45,607.18 crore. If we consider the combined market cap then they have together lost Rs 99,360.26 crore in a single day compared with yesterday's close.

Mukesh Ambani's Group

Company

Last Price

% Chg *

Mkt Cap (Rs Cr.)

Decrease in Mkt Cap #

21-01-08

18-09-07

RIL

2544.20

9.12

369837.28

406948.90

37111.62

Rel Petro

172.15

17.53

77467.50

93937.50

16470

Rel Ind Infra

2157.85

5.00

3258.35

3429.81

171.46

Total Market Cap ( A)

53753.08

Anil Ambani's Group

Company

Last Price

% Chg *

Mkt Cap (Rs Cr.)

Decrease in Mkt Cap #

21-01-08

18-09-07

Rel Comm

612.90

12.71

126390.95

144,795.90

18,404.95

Rel Capital

1888.00

19.43

46375.47

57,557.91

11,182.44

Rel Energy

1776.05

16.38

41959.64

50,181.23

8,221.59

RNRL

158.00

23.21

25803.46

33,601.66

7,798.20

Total Market Cap ( B )

45,607.18

Grand Total ( A + B )

99,360.26

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