Eight of top-10 cos add Rs 53k cr in m-cap
Country's eight of the top-10 firms together added over Rs 53,000 crore to their market capitalisation last week, while two state-run firms -- NTPC and NMDC-- saw an erosion in their valuation.business Updated: Oct 04, 2009 12:48 IST
Country's eight of the top-10 firms together added over Rs 53,000 crore to their market capitalisation last week, while two state-run firms -- NTPC and NMDC-- saw an erosion in their valuation.
State-run trading firm MMTC gained the most and climbed to third slot from fourth. The firm added Rs 10,971.25 crore taking its total market valuation to Rs 1,79,822.5 crore.
Shares of the company surged 6.67 per cent on the Bombay Stock Exchange to close at Rs 35,964.50 on Thursday.
There were only three trading sessions last as Monday was a holiday on account of Dusshera and Friday on Gandhi Jayanti.
The market cap of country's most valued firm, Reliance Industries, swelled by Rs 6,397.78 crore taking the total to Rs 3,41,600.61 crore.
Mukesh Ambani Group company RIL had a market cap of Rs 3,35,202.83 crore as of September 26.
The total market cap of oil firm, ONGC rose by Rs 5,272.31 crore to reach Rs 2,52,803.74 crore.
State power utility NTPC slipped to the fourth slot from third after losing Rs 1,814 crore from its market cap. The total market valuation of the company stood at Rs 1,73,443.25 crore.