Eight of top 10 cos add Rs 83,672 cr in m-cap

Press Trust of India  |  New Delhi 

Eight of the 10 most valued Indian companies together added Rs 83,672 crore to their market valuation for last week, with IT (TCS) leading the pack.

India and SBI together lost Rs 9,771.58 crore in market valuation.

The m-cap of TCS surged by Rs 38,534.61 crore to Rs 6,03,192.02 crore while that of (RIL) registered a rise of Rs 18,433.83 crore and touched Rs 5,94,728.71 crore.

The market valuation of soared by Rs 8,670.94 crore to Rs 2,55,322.96 crore and that of (HUL) climbed Rs 7,370.22 crore to Rs 3,05,133.62 crore.

(ONGC) added Rs 7,186.61 crore to its m-cap, which stood at Rs 2,34,206.54 and following an addition of Rs 1,843.47 crore, the valuation of (HDFC) zoomed to Rs 3,08,461.50 crore.

The valuation of advanced by Rs 1,388.37 crore to Rs 5,00,346.38 crore, while that of ITC went up by Rs 244.08 crore to Rs 3,18,288.01 crore.

On the other hand, the m-cap of SBI declined by Rs 7,675.14 crore to Rs 2,24,185.64 crore while India saw its valuation erode by Rs 2,096.44 crore to Rs 2,76,054.35 crore.

In the ranking of top-10 firms, TCS stood at the top spot, followed by RIL, HDFC Bank, ITC, HDFC, HUL, India, Infosys, ONGC and SBI.

The recorded a significant rise of 565.68 points, or 1.68 per cent, while the NSE Nifty advanced 149 points, or 1.44 per cent, for the week ended April 13.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, April 15 2018. 10:15 IST