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Business News/ Companies / Company-results/  Five of top 10 firms add 43,689 crore in m-cap; ITC, Infosys shine
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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

Gainers from the top-10 list are ITC, HDFC, Infosys, SBI and ICICI Bank.Premium
Gainers from the top-10 list are ITC, HDFC, Infosys, SBI and ICICI Bank.

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.

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Published: 13 Jan 2019, 11:21 AM IST
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