The market valuation of nine of the top-10 most valued companies eroded by Rs 2,62,146.32 crore last week in tandem with an overall weak broader market. While Bajaj Finance and Reliance Industries took the biggest hit, Bharti Airtel was the only gainer from the top-10 companiesâ list.
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In July, HCL Technologies had announced a Rs 4,000 crore buyback programme for FY19 at a price of Rs 1,100 per equity share.
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