Fall of India's Biggest Wealth Creators

4. Suzlon Energy
MCap (Beginning 2008): 56,171.94 crore (561.71 billion)
Current MCap: 2,994.83 crore (29.94 billion)
Change: -94.7 Percent

Suzlon Energy, is an Indian multinational wind power company based in Pune, India. Suzlon Energy’s market capitalization slipped from 56,171.94 crore in 2008 to 2,994.83 crore currently. In the year 2007 about 6, 741 crore of the company’s market value was wiped out.

The company also witnessed a dismal performance in its first quarter of 2013 with net loss widening to 1,059 crore from 849 crore on yearly basis, reported moneycontrol.com.

5. GMR Infrastructure
MCap (Beginning 2008): 45,461.63 crore (454.61 billion)
Current MCap: 7,570.72 crore (75.70 billion)
Change: -83.3 Percent

GMR Infrastructure’s consolidated net loss has widened almost three and half times year-on-year basis to 326 crore in the April-June 2013 quarter due to a host of reasons, including muted revenue growth, rise in costs and higher interest outgo.

The market capitalization of GMR Infrastructure slipped from 45,461.63 crore in 2008 to 7,570.72 crore currently.

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