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

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

Published on: May 9, 2021, 10:52:37 IST
PTI | New Delhi
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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  ₹34,623.12 crore to reach  ₹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.

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.