Mon Nov 18 07:54:56 UTC 2024: ## Major Indian Stocks Suffer Significant Losses Last Week

**Mumbai, [Date]** – Several prominent Indian stocks experienced steep declines last week, with Tube Investments of India leading the losses at 13%. While most stocks showed slight recovery by the end of the week’s trading, the overall losses were substantial.

Tube Investments of India saw its share price plummet 13% during the week, eventually closing at ₹3470, a 0.65% gain on the final day. The company’s market capitalization currently stands at approximately ₹66,550 crore. Its 52-week high was ₹4810.

Other notable declines included:

* **GAIL (India) Limited:** A 10% drop, closing at ₹189 (a 0.25% loss). Market cap: ₹1,24,000 crore. 52-week high: ₹246.30.
* **Tata Steel Limited:** A 9% fall, ending at ₹138.10 (a 0.77% loss). Market cap: ₹1,72,000 crore. 52-week high: ₹184.60.
* **Shriram Finance Limited:** An 8% decrease, closing at ₹2831.65 (a 0.78% loss). Market cap: ₹1,06,000 crore. 52-week high: ₹3652.25.
* **Apollo Hospitals:** An 8% drop, closing at ₹6857.50 (a 0.02% loss). Market cap: ₹98,650 crore. 52-week high: ₹7545.
* **Indian Oil Corporation:** A 7% decline, ending at ₹134.85 (a 0.84% loss). Market cap: ₹1,90,000 crore. 52-week high: ₹196.80.
* **Oil & Natural Gas Corporation:** A 5% drop, closing at ₹251.10 (a 0.57% loss). Market cap: ₹3,16,000 crore. 52-week high: ₹345.
* **Bajaj Finance Limited:** A 5% decrease, closing at ₹6570 (a 0.06% gain). Market cap: ₹4,05,000 crore. 52-week high: ₹7830.
* **Dabur India Limited:** A 5% fall, ending at ₹508.55 (a 0.45% loss). Market cap: ₹90,130 crore. 52-week high: ₹672.
* **Ambuja Cement Limited:** A 5% drop, closing at ₹544.70 (a 0.12% loss). Market cap: ₹1,20,000 crore. 52-week high: ₹706.95.
* **Divis Laboratories Limited:** A 4% decrease, closing at ₹5735.25 (a 0.60% loss). Market cap: ₹1,53,000 crore. 52-week high: ₹6275.85.
* **UltraTech Cement Limited:** A 3% decline, closing at ₹10,720.30 (a 0.57% loss). Market cap: ₹3,09,000 crore. 52-week high: ₹12,138.

Analysts are currently assessing the reasons behind these widespread losses, but the overall market performance suggests a period of uncertainty for investors.

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