Nine of top-10 Indian firms add ₹1.47 trillion in m-cap, RIL hits ₹9 trillion mark1 min read . Updated: 20 Oct 2019, 10:39 AM IST
- Reliance Industries added another feather to its cap by becoming the 1st Indian firm to hit ₹9 trillion market valuation mark in intra-day trade
- The market valuation of TCS soared ₹26,379.27 crore to ₹7,71,996.87 crore
NEW DELHI : Nine of the 10 most valued Indian companies together added a whopping ₹1.47 trillion in market valuation last week, with RIL and TCS grabbing the limelight with the maximum gains.
Barring Infosys, rest nine companies witnessed addition in their market capitalisation (m-cap) for the week ended Friday.
RIL's valuation zoomed ₹39,876.44 crore to ₹8,97,179.47 crore.
Reliance Industries (RIL) on Friday added another feather to its cap by becoming the first Indian firm to hit the ₹9 trillion market valuation mark in intra-day trade.
The m-cap of TCS soared ₹26,379.27 crore to ₹7,71,996.87 crore and that of HUL jumped ₹21,962.02 crore to ₹4,55,952.72 crore.
HDFC Bank's valuation climbed ₹16,767.89 crore to ₹6,72,466.30 crore and that of HDFC advanced ₹14,728.66 crore to ₹3,61,801.97 crore.
The m-cap of SBI went higher by ₹13,521.15 crore to ₹2,40,652.15 crore and that of ICICI Bank rose ₹6,046.16 crore to ₹2,82,783.39 crore.
Kotak Mahindra Bank added ₹5,223.93 crore to its m-cap to reach ₹3,08,555.52 crore. ITC logged a rise of ₹2,948.75 crore to its valuation to stand at ₹3,02,861.98 crore.
On the other hand, the valuation of Infosys tumbled ₹20,594.7 crore to ₹3,29,751.88 crore.
In the ranking of top-10 firms, RIL was at the top spot, followed by TCS, HDFC Bank, HUL, HDFC, Infosys, Kotak Mahindra Bank, ITC, ICICI Bank and SBI.
During the last week, the Sensex advanced 1,171.30 points or 3.07%.