New Delhi: Five of the 10 most valued Indian companies together added ₹ 26,157.12 crore in market capitalisation last week, with Reliance Industries (RIL) emerging as the top gainer.
The gainers list also included HDFC Bank, HUL, ICICI Bank and Maruti Suzuki India, while ITC, HDFC, Infosys and State Bank of India (SBI) suffered losses in their market capitalisation (m-cap) for the week ended Friday.
Tata Consultancy Services (TCS) saw no change in its valuation.
RIL’s valuation zoomed by ₹ 12,111.87 crore to ₹ 6,93,022.48 crore.
The m-cap of Hindustan Unilever Ltd (HUL) surged ₹ 8,431.31 crore to ₹ 3,62,048.36 crore and that of Maruti rose by ₹ 3,888.27 crore to ₹ 2,19,476.27 crore.
ICICI Bank’s valuation jumped by ₹ 978.28 crore to ₹ 2,29,008.87 crore and HDFC Bank gained ₹ 747.39 crore to reach ₹ 5,29,869.96 crore.
On the other hand, the m-cap of ITC slumped ₹ 6,244.29 crore to ₹ 3,39,456.93 crore and that of SBI dropped by ₹ 2,186.52 crore to ₹ 2,52,565.83 crore.
HDFC’s valuation declined by ₹ 927.42 crore to ₹ 3,12,042.60 crore and that of Infosys fell by ₹ 262.1 crore to ₹ 2,88,947.62 crore.
IT major TCS’ valuation remained unchanged at ₹ 7,16,630.43 crore.
In the ranking of top-10 firms, TCS stood at number one position, followed by RIL, HDFC Bank, HUL, ITC, HDFC, Infosys, SBI, ICICI Bank and Maruti.
Stock markets were closed for two days last week on account of Diwali.
Over the last week, the BSE Sensex gained 146.9 points to end at 35,158.55. PTI SUM ABM