Five of top 10 firms add ₹43,689 crore in m-cap; ITC, Infosys shine
The m-cap of ITC soared ₹17,941.73 crore to ₹3,61,773.90 crore and that of Infosys jumped ₹10,026.05 crore to ₹2,98,684.46 crore
New Delhi: Five of the top-10 most valued firms together added ₹ 43,689.89 crore in market valuation last week, with ITC and Infosys contributing most to the overall gain. Gainers from the top-10 list are ITC, HDFC, Infosys, SBI and ICICI Bank; while Reliance Industries Ltd (RIL), TCS, HDFC Bank, HUL and Kotak Mahindra Bank suffered losses in their market capitalisation (m-cap) for the week ended Friday.
The m-cap of ITC soared ₹ 17,941.73 crore to ₹ 3,61,773.90 crore and that of Infosys jumped ₹ 10,026.05 crore to ₹ 2,98,684.46 crore.
ICICI Bank’s valuation zoomed ₹ 8,378.07 crore to ₹ 2,43,822.14 crore and that of SBI jumped ₹ 4,506.92 crore to ₹ 2,70,013.40 crore.
The m-cap of HDFC moved up by ₹ 2,837.12 crore to ₹ 3,41,770.70 crore.
On the other hand, the valuation of Tata Consultancy Services (TCS) slumped ₹ 12,007.63 crore to ₹ 6,91,170.50 crore.
Kotak Mahindra Bank’s m-cap fell ₹ 4,829.04 crore to ₹ 2,32,958.82 crore and that of Hindustan Unilever Ltd (HUL) dropped ₹ 2,575.93 crore to ₹ 3,82,785.70 crore.
HDFC Bank’s valuation dipped ₹ 1,522.93 crore to ₹ 5,74,399.48 crore and that of RIL fell ₹ 728.93 crore to ₹ 6,95,910.71 crore.
In the ranking of top-10 firms, RIL once again became the number one firm on Friday, with TCS taking the second spot, followed by HDFC Bank, HUL, ITC, HDFC, Infosys, SBI, ICICI Bank and Kotak Mahindra Bank.
Over the last week, the Sensex gained 314.74 points to close at 36,009.84 on Friday. PTI SUM ANS
This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!