It is not only the undergarment manufacturing companies Jockey, Rupa and Lux that have seen a decline in sales in the country. Shares of these companies have also gone down. If we talk about Jockey's parent company Page Industries, the company's shares have declined by more than 17 percent in the last one year. On the other hand, investors have suffered a loss of more than 22 percent from the shares of Rupa Company. The shares of Lux Industries have fallen by more than 20 percent. There has been a loss of more than Rs 11 thousand crore in the valuation of these three companies in the last one year.
The biggest loss has been suffered by the company that makes jockey undergarments. The joint loss suffered by these three companies on Monday is about Rs 447 crore. Let us also tell you how the shares of undergarment manufacturing companies in the country have performed in the last one year and how much the valuation of those companies has declined.
Jockey's parent company suffers the most loss
Although the company's shares may have seen a decline of one percent on Monday, but being the second most expensive share in the country, the loss also appears huge. The company's shares closed at Rs 40313.40 with a fall of 0.76 percent i.e. Rs 308. After the closure of the stock market, the market cap of the company also reduced by Rs 343.54 crore. At present the market cap of the company is Rs 44,965.06 crore. If we talk about the last one year, the company's shares have seen a decline of 17.09 percent. A year ago the market cap of the company was Rs 54,235.71 crore. This means that the market cap of the company has suffered a loss of Rs 9,270.65 crore.
Rupa company also down
The shares of Rupa Company are also witnessing a continuous decline. If we talk about today, a decline of 1.14 percent has been seen in the company's share and the company's share has come down to Rs 269.75. When the stock market closed, the market cap of the company was Rs 2,145.18 crore. Which was less than Friday with Rs 2,169.83 crore. This means that the market cap of the company has suffered a loss of Rs 24.65 crore. If we talk about the last one year, then according to the data of Bombay Stock Exchange, a decline of 22.09 percent has been seen. If we talk about company valuation, there has been a decline of Rs 608.36 crore. A year ago i.e. on 19 September 2022, the market cap of the company was Rs 2753.54 crore.
Lux Industries shares also fall
On the other hand, the shares of Lux Industries, one of the big companies manufacturing undergarments, have also seen a decline. On Monday, the company's shares closed at Rs 1,511.70 with a decline of 1.70 percent. There was a loss of Rs 78.78 crore in the market cap of the company given on Monday. Which at present is left at Rs 4,545.94 crore. However, in the last one year, the company's shares have seen a decline of 20.19 percent. According to the data, the company market cap has decreased by Rs 1,150.69 crore during this period. A year ago the market cap of the company was Rs 5,696.63 crore.
447 crores in one day and loss of 11 thousand crores in one year
There has been a big decline in the valuations of all three companies on Monday. According to the data, if the losses of all three companies are added, then there has been a loss of about Rs 447 crore in the market of all three companies on Monday. This figure has increased significantly in the last one year. A decline of Rs 11029 crore has been seen in the joint market cap of companies. In which the biggest loss is of Page Industries. The question is, what kind of performance will be seen in the stock market of the three companies in the coming days and weeks.
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