M-cap of 5 of top-10 valued firms jump over ₹1 lakh cr; TCS, Infosys top gainers
PremiumThe valuation of TCS jumped by ₹47,551.31 crore to reach ₹12,10,218.64 crore, becoming the biggest gainer among the top-10 companies
New Delhi: Five of the 10 most valued companies together added ₹1,01,389.44 crore in market valuation last week, with IT majors Tata Consultancy Services and Infosys grabbing the limelight.
While Reliance Industries Limited, Tata Consultancy Services, Infosys, Hindustan Unilever Limited and Bajaj Finance were the gainers, HDFC Bank, HDFC, ICICI Bank, State Bank of India and Kotak Mahindra Bank witnessed erosion in their market valuation.
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The valuation of Tata Consultancy Services (TCS) jumped by ₹47,551.31 crore to reach ₹12,10,218.64 crore, becoming the biggest gainer among the top-10 companies.
Infosys added ₹26,227.28 crore to take its valuation to ₹6,16,479.55 crore.
The market capitalisation of Reliance Industries gained ₹14,200.35 crore to ₹14,02,918.76 crore and that of Bajaj Finance rose by ₹7,560.02 crore to ₹3,69,327.31 crore.
The valuation of Hindustan Unilever Limited went higher by ₹5,850.48 crore to ₹5,56,041.95 crore.
In contrast, HDFC's valuation declined by ₹10,968.39 crore to ₹4,61,972.21 crore and that of HDFC Bank dipped ₹8,249.47 crore to ₹8,20,091.77 crore.
ICICI Bank's market capitalisation diminished by ₹4,927.52 crore to ₹4,40,035.66 crore and that of State Bank of India witnessed an erosion of ₹3,614.47 crore to ₹3,83,356.69 crore.
The valuation of Kotak Mahindra Bank dipped ₹2,924.02 crore to ₹3,55,927.86 crore.
In the ranking of top-10 firms, Reliance Industries was leading the chart followed by TCS, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, State Bank of India, Bajaj Finance and Kotak Mahindra Bank.
During the last week, the 30-share BSE benchmark jumped 374.71 points or 0.71 per cent.
This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.
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