E-Paper
8 of 10 most valued companies add over ₹1.2 lakh crore cumulatively in m-cap
The valuation of Tata Consultancy Services (TCS) jumped ₹36,158.22 crore to reach ₹11,71,082.67 crore, becoming the biggest gainer among the top-10 most valued companies.
Eight of the top-10 most valued companies together added ₹1,28,503.47 crore in market valuation last week, with IT majors Tata Consultancy Services and Infosys leading from the front.
The valuation of Tata Consultancy Services (TCS) jumped ₹36,158.22 crore to reach ₹11,71,082.67 crore, becoming the biggest gainer among the top-10 most valued companies.
Infosys added ₹20,877.24 crore to take its market capitalisation (m-cap) to ₹5,90,229.35 crore and Hindustan Unilever saw its valuation rise by ₹19,842.83 crore to ₹5,63,767.05 crore.
Reliance Industries gained ₹17,401.77 crore to ₹12,81,644.97 crore and State Bank of India added ₹12,003.6 crore to ₹3,30,701.48 crore.
ICICI Bank's valuation rallied ₹10,681.76 crore to ₹4,10,775.37 crore and Kotak Mahindra Bank's m-cap rose by ₹6,301.56 crore to reach ₹3,57,573.74 crore.
Bajaj Finance added ₹5,236.49 crore to take its valuation to ₹3,17,563.53 crore.
In contrast, the market capitalisation of HDFC Bank declined by ₹3,142.29 crore to ₹8,19,474.22 crore and that of HDFC dipped by ₹171.38 crore to ₹4,56,569.82 crore.
During the holiday-truncated trading week, the 30-share BSE Sensex gained 1,021.33 points or 2 per cent.
Stock markets were closed on Monday and Friday for holidays.
In the ranking of top-10 firms, Reliance Industries ruled the chart followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, Kotak Mahindra Bank, State Bank and Bajaj Finance. PTI SUM MKJ MKJ
