M-cap of eight of top-10 most-valued companies zooms by ₹81,250.83 crore; TCS biggest gainer - Hindustan Times
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M-cap of eight of top-10 most-valued companies zooms by 81,250.83 crore; TCS biggest gainer

PTI | , New Delhi
May 09, 2021 10:52 AM IST

Only Reliance Industries Ltd and Infosys took losses in their market capitalisation for the week closed on Friday.

Eight of the top-10 most-valued companies together added 81,250.83 crore in market valuation last week, with Tata Consultancy Services emerging as the biggest gainer.

The market valuation of Tata Consultancy Services (TCS) jumped <span class='webrupee'>₹</span>34,623.12 crore to reach <span class='webrupee'>₹</span>11,58,542.89 crore. (Photo by Aniruddha Chowdhury/Mint)
The market valuation of Tata Consultancy Services (TCS) jumped 34,623.12 crore to reach 11,58,542.89 crore. (Photo by Aniruddha Chowdhury/Mint)

Only Reliance Industries Ltd and Infosys took losses in their market capitalisation for the week closed on Friday.

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Rest eight companies -- Tata Consultancy Services, HDFC Bank, Hindustan Unilever Ltd, HDFC, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance and State Bank of India -- emerged as gainers.

The market valuation of Tata Consultancy Services (TCS) jumped 34,623.12 crore to reach 11,58,542.89 crore.

Hindustan Unilever Ltd added 13,897.69 crore to take its valuation to 5,66,950.71 crore.

The valuation of HDFC gained 13,728.03 crore to 4,50,310.13 crore and that of Kotak Mahindra Bank rallied 6,213.06 crore to 3,52,756.84 crore.

ICICI Bank's market capitalisation (m-cap) zoomed 4,428.5 crore to 4,19,776.85 crore and that of State Bank of India jumped 4,239.2 crore to 3,19,679.59 crore.

The valuation of Bajaj Finance Ltd gained 2,797.59 crore to 3,31,436.67 crore and HDFC Bank witnessed an addition of 1,323.64 to 7,80,174.61 crore.

In contrast, the valuation of Reliance Industries tumbled 40,033.57 crore to 12,24,336.42 crore and that of Infosys declined by 639.11 crore to 5,76,228.85 crore.

During the last week, the 30-share BSE benchmark gained 424.11 points or 0.86 per cent.

Reliance Industries was leading the top-10 most-valued companies list followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance and State Bank of India.

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