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Business News/ Market / Stock-market-news/  Six of top-10 firms add 1.26 trillion in m-cap; RIL, HDFC Bank tops list
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Six of top-10 firms add ₹1.26 trillion in m-cap; RIL, HDFC Bank tops list

HDFC Bank's valuation jumped ₹24,098.72 crore to ₹6,80,645.09 crore
  • In contrast, the m-cap of SBI dropped ₹18,250.8 crore to ₹2,51,004.70 crore
  • Sensex advanced 807.95 points or 2.12% during the last week. (Photo: Bloomberg)Premium
    Sensex advanced 807.95 points or 2.12% during the last week. (Photo: Bloomberg)

    New Delhi: Six of the 10 most valued domestic companies together added a staggering 1.26 lakh crore in market valuation last week, with RIL and HDFC Bank topping the chart.

    HUL, Kotak Mahindra Bank, ITC and ICICI Bank were the other winners in the top-10 list, while SBI, Infosys, HDFC and Tata Consultancy Services (TCS) saw a drop in their their market capitalisation (m-cap) for the week ended Friday.

    RIL's market valuation zoomed by 34,453.13 crore to 8,29,632.75 crore, the most among the frontline entities.

    HDFC Bank's valuation jumped 24,098.72 crore to 6,80,645.09 crore and ICICI Bank added 20,603.11 crore to its m-cap to reach 2,90,132.25 crore.

    The m-cap of Kotak Mahindra Bank advanced 20,213.04 crore to 3,14,037.87 crore and that of ITC moved up by 18,158.46 crore to 3,10,725.34 crore.

    The market valuation of Hindustan Unilever Limited (HUL) rose by 8,659.25 crore to 4,35,062.28 crore.

    In contrast, the m-cap of State Bank of India (SBI) dropped 18,250.8 crore to 2,51,004.70 crore.

    The valuation of Infosys tumbled 9,771.22 crore to 3,36,022.65 crore and that of TCS tanked 3,339.62 crore to 7,71,752.96 crore.

    HDFC's m-cap fell by 2,742.77 crore to 3,51,528.17 crore.

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

    The 30-share BSE Sensex advanced 807.95 points or 2.12% during the last week.

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    This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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    Published: 29 Sep 2019, 11:00 AM IST
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