E-Paper
Nine of top-10 cos add about Rs 38k cr to m-cap; ONGC leads
The week that saw the benchmark index Sensex crossing the 17,000 mark, nine out of top-ten firms added nearly Rs 38,000 crore to their market capitalisation with ONGC emerging as the biggest gainer.
The week that saw the benchmark index Sensex crossing the 17,000 mark, nine out of top-ten firms added nearly Rs 38,000 crore to their market capitalisation with ONGC emerging as the biggest gainer.
State-run ONGC, the second most valued firm, added Rs 12,587.25 crore to its market capitalisation (m-cap) taking its total market valuation to Rs 2,54,482.75 crore.
Shares of ONGC spiked over 5 per cent to settle at Rs 1,189.80 at the end of the Friday's trade on the Bombay Stock Exchange (BSE).
During the past week, the BSE benchmark index Sensex soared 254.63 points, or 1.50 per cent, to settle at 17,117.69.
Corporate behemoth Reliance Industries Ltd maintained its numero-uno status even after losing Rs 997.48 crore from its m-cap, taking its total market valuation to Rs 3,37,117.99 crore.
Power producer NTPC, at the third place, added Rs 535.95 crore to its m-cap taking its valuation to Rs 1,66,228.47 crore and Infosys Technologies, at fourth place, saw its valuation going up to Rs 3,193.31 crore to end the week at Rs 1,56,684.42 crore.
Software exporter TCS, at the fifth spot, added Rs 3,082.59 crore to its m-cap taking its total valuation to Rs 1,49,774.73 crore and country's largest public sector lender SBI inched up to the sixth place from the seventh spot after adding Rs 6,761.47 crore to its m-cap taking its total valuation to Rs 1,48,676 crore.
Meanwhile, trading firm MMTC slipped to the seventh position from the earlier week's sixth place even after adding Rs 4,487.5 crore to its m-cap to end the week at Rs 1,48,088 crore.
Power equipment maker BHEL, at the eighth spot, saw its valuation going up by Rs 599.66 crore to Rs 1,14,119.35 crore and FMCG firm ITC at the ninth position added Rs 3,302.75 crore to its m-cap taking its total valuation to Rs 1,11,014.17 crore.
State-run NMDC finished last by adding Rs 3,251 crore to its m-cap taking its valuation to Rs 1,08,751.72 crore.
