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NEW DELHI: Four of the 10 most valued companies added Rs 1,14,744.44 crore to their total market valuation last week, with major contribution coming in from IT giants and Infosys.
While Tata Consultancy Services (TCS), Infosys, Limited and witnessed gains in their valuation, , HDFC Bank, HDFC, ICICI Bank, and State Bank of India witnessed losses in their market capitalisation.
But, their cumulative loss of Rs 99,183.31 crore was less than the total gains made by the four firms.
The valuation of Tata Consultancy Services zoomed Rs 57,816.18 crore to reach Rs 12,28,898.85 crore. Infosys added Rs 23,625.36 crore to its valuation at Rs 6,13,854.71 crore.
The valuation of Hindustan Unilever Limited jumped Rs 17,974.19 crore to Rs 5,81,741.24 crore and that of Bharti Airtel by Rs 15,328.71 crore to Rs 2,99,507.71 crore.
In contrast, HDFC Bank's valuation declined by Rs 35,750.35 crore to Rs 7,83,723.87 crore. The market capitalisation of Reliance Industries dipped Rs 24,755.52 crore to reach Rs 12,56,889.45 crore.
ICICI Bank's valuation declined by Rs 18,996.52 crore to Rs 3,91,778.85 crore and that of State Bank of India by Rs 15,618.07 crore to Rs 3,15,083.41 crore. The valuation of HDFC dropped by Rs 3,012.59 crore to Rs 4,53,557.23 crore and that of Kotak Mahindra Bank by Rs 1,050.26 crore to Rs 3,56,523.48 crore.
In the ranking of top-10 companies, Reliance Industries retained the status of most valued firm followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever, HDFC, ICICI Bank, Kotak Mahindra Bank, State Bank of India and Bharti Airtel.
During the last week, the BSE benchmark declined by 438.51 points or 0.87 per cent.
While Tata Consultancy Services (TCS), Infosys, Limited and witnessed gains in their valuation, , HDFC Bank, HDFC, ICICI Bank, and State Bank of India witnessed losses in their market capitalisation.
But, their cumulative loss of Rs 99,183.31 crore was less than the total gains made by the four firms.
The valuation of Tata Consultancy Services zoomed Rs 57,816.18 crore to reach Rs 12,28,898.85 crore. Infosys added Rs 23,625.36 crore to its valuation at Rs 6,13,854.71 crore.
The valuation of Hindustan Unilever Limited jumped Rs 17,974.19 crore to Rs 5,81,741.24 crore and that of Bharti Airtel by Rs 15,328.71 crore to Rs 2,99,507.71 crore.
In contrast, HDFC Bank's valuation declined by Rs 35,750.35 crore to Rs 7,83,723.87 crore. The market capitalisation of Reliance Industries dipped Rs 24,755.52 crore to reach Rs 12,56,889.45 crore.
ICICI Bank's valuation declined by Rs 18,996.52 crore to Rs 3,91,778.85 crore and that of State Bank of India by Rs 15,618.07 crore to Rs 3,15,083.41 crore. The valuation of HDFC dropped by Rs 3,012.59 crore to Rs 4,53,557.23 crore and that of Kotak Mahindra Bank by Rs 1,050.26 crore to Rs 3,56,523.48 crore.
In the ranking of top-10 companies, Reliance Industries retained the status of most valued firm followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever, HDFC, ICICI Bank, Kotak Mahindra Bank, State Bank of India and Bharti Airtel.
During the last week, the BSE benchmark declined by 438.51 points or 0.87 per cent.
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3 Comments on this Story
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| Nuraj Bakshi5 hours ago FEKU the BHONDU Baba ki Jay!! Let all his supporters be killed under the pressure of inflation with zero percent interest on deposits... |
| Anup Kapoor6 hours ago Reliance Adani, banks , stock exchange growing astronomically, poor helpless, jobless numbers high and distressed, small businesses died/dying, pensioners tense as FD rates all time low, small saving schemes rates planned to be lower ( almost did it few days back) inflation very high. What kind of finance management is this!! And than being gunghoo about achievements, India created another text book example live of K shape recovery. ! All the best to common man. God only can save us |