Eight of top 10 firms add Rs 54,968 cr in mcap
The combined market valuation of
eight of the 10 most valued firms surged by Rs 54,968.17 crore
last week, with ITC and HUL emerging as the biggest gainers.
Infosys and State Bank of India (SBI) however suffered
losses in their market capitalisation (m-cap) for the week
The rest eight firms including RIL, Tata Consultancy
Services (TCS) and HDFC Bank saw addition to their m-cap.
The valuation of ITC soared Rs 12,559.75 crore, to reach
Rs 3,43,120.21 crore.
HUL's m-cap jumped Rs 10,140.52 crore to Rs 2,59,670.81
crore and that of Reliance Industries Ltd (RIL) advanced by Rs
9,381.74 crore to Rs 5,12,304.52 crore.
IOC, the new entrant in the top-10 list, added Rs
7,042.02 crore to Rs 2,07,250.02 crore in its market
The m-cap of HDFC soared Rs 6,579.77 crore to Rs
2,76,439.84 crore and that of Maruti Suzuki India surged Rs
5,050.78 crore to Rs 2,30,186.52 crore.
TCS' valuation went up by Rs 3,608.43 crore to Rs
4,81,031.76 crore and that of HDFC Bank rose by Rs 605.16
crore to Rs 4,51,602.81 crore.
On the other hand, Infosys saw its m-cap erode by Rs
14,847.69 crore to Rs 2,12,033.02 crore.
Shares of Infosys had on Friday ended sharply lower by
nearly 10 per cent after Vishal Sikka, the first non-founder
CEO of the company, called it quits.
SBI's valuation slumped Rs 1,726.41 crore to Rs
RIL continued to rule the top-10 m-cap chart followed by
TCS, HDFC Bank, ITC, HDFC, Hindustan Unilever Ltd, SBI,
Maruti, Infosys and IOC.
Over the last week, the BSE's 30-share benchmark recorded
gains of 311.09 points, or 0.99 per cent.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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