Combined debt-equity ratio of top companies declines but interest expenses outgrow profits.
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
More than 10% (40 of 498 companies) have lost at least half their market value.
While some companies used that to become world leaders, others squandered it by over-borrowing.