Reliance Industries Ltd tumbled  ₹14,072.8 crore to  ₹7,36,602.08 crore in in market valuation last week
Reliance Industries Ltd tumbled 14,072.8 crore to 7,36,602.08 crore in in market valuation last week

Seven of top-10 firms add 87,966 crore in m-cap; RIL, ITC suffered losses

  • The m-cap of SBI dropped 15,261.1 crore to 2,60,018.56 crore and that of RIL tumbled 14,072.8 crore to 7,36,602.08 crore
  • TCS, HDFC, Infosys, Kotak Mahindra Bank and ICICI Bank were the firms which saw a rise in their market capitalisation for the week ended Friday

New Delhi: Seven of the 10 most valued Indian companies together added 87,965.88 crore in market valuation last week, with HUL and HDFC Bank topping the chart.

While Tata Consultancy Services Ltd (TCS), HDFC, Infosys, Kotak Mahindra Bank and ICICI Bank were the other firms which saw a rise in their market capitalisation (m-cap) for the week ended Friday, RIL, ITC and SBI suffered losses.

The m-cap of Hindustan Unilever Limited (HUL) zoomed 22,145.92 crore to 3,98,290.92 crore and that of HDFC Bank jumped 18,264.93 crore to 6,23,892.08 crore.

HDFC's valuation advanced 15,148.15 crore to 3,81,619.34 crore and that of TCS rallied 14,840.68 crore to 8,42,635.51 crore.

Infosys gained 6,335.19 crore to reach 3,39,372.78 crore in market valuation, while that of ICICI Bank went up by 6,237.72 crore to 2,71,360.08 crore.

The valuation of Kotak Mahindra Bank rose by 4,993.29 crore to 2,92,866.47 crore.

In contrast, the m-cap of State Bank of India (SBI) dropped 15,261.1 crore to 2,60,018.56 crore and that of Reliance Industries Ltd (RIL) tumbled 14,072.8 crore to 7,36,602.08 crore.

ITC's valuation declined by 12,606.9 crore to 3,12,146.38 crore.

In the ranking of the top-10 firms, TCS remained at the number one position, followed by RIL, HDFC Bank, HUL, HDFC, Infosys, ITC, Kotak Mahindra Bank, ICICI Bank and SBI.

During the last week, the Sensex gained 463.69 points or 1.24%.

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