Under the category of 5000 crores plus market value, DLF and RCom has topped the chart of wealth destroyers since 2008. DLF, which had a market cap of over Rs 1.8 lakh crore in 2008, has seen three-fourths of it being eroded. It is now valued at Rs 47,000 crore.
Similarly from a peak market capitalization of over Rs 1.5 lakh crore in 2008, ADAG group company Reliance Communications has seen an erosion of over 90%. It's currently being valued at around 12000 crores. Other group companies such as Reliance Infrastructure, Reliance Power and Reliance Capital, too, have, during this five year period, seen their valuations take a huge beating.
