Mumbai: Nine of top-10 country’s most valued firms added nearly Rs49,000 crore last week with the exception of power equipment maker Bhel.
The country’s most valued firm Reliance Industries added a whooping Rs13,195.61 crore to its market capitalisation (m-cap), taking the total valuation to Rs3,57,924.99 crore for the week ended 5 December.
Shares of RIL surged nearly four per cent to close at Rs1,089.05 on the Bombay Stock Exchange at the end of Friday’s trade.
Next comes ONGC that added Rs2,737.76 crore and then power producer NTPC whose valuation rose by Rs1,401.73 crore.
ONGC’s market valuation stood at Rs2,52,600.55 crore while NTPC’s at Rs1,72,866.07 crore.
Trading behemoth MMTC added Rs 214 crore to its market capitalisation. At the end of the review period MMTC’s total valuation was Rs1,70,271.25 crore.
Iron ore miner NMDC saw its m-cap surge by Rs8,107.81 crore with its total valuation at Rs1,64,594.52 crore.
The country’s largest public sector lender SBI appears next on the list. It added Rs5,406 crore and at the end of the week its market capitalisation stood at Rs1,47,777.84 crore.
IT bellwether Infosys Technologies’ m-cap grew by Rs3,110.26 crore at Rs1,36,596.36 crore.
Top outsourcing firm TCS’ m-cap rose by Rs4,677.71 crore to take its total market valuation to Rs1,36,123.26 crore.
Private telecom services provider Bharti Airtel inched up after adding Rs9,947.72 crore to its m-cap, while power equipment maker Bhel slipped to the 10th slot after losing Rs930.08 crore.
Airtel saw its m-cap surge to Rs1,17,645.09 crore and Bhel to Rs1,08,127.63 crore.
The 30-share index Sensex in the past week surged nearly 3% or 469.53 points to close at 17,101.54 points on the Bombay Stock Exchange (BSE) at the end of the Friday’s trade.
RIL numero-uno in the list is followed by ONGC (Rs2,52,600.55 crore), NTPC (Rs1,72,866.07 crore), MMTC (Rs1,70,271.25 crore), NMDC (Rs1,64,594.52), SBI (Rs1,47,777.84 crore), Infosys Technologies (Rs1,36,596.36 crore), TCS (Rs1,36,123.26 crore), Airtel (Rs1,17,645.09 crore) and Bhel (Rs1,08,127.63), in the order.