Top-8 Most-Valued Firms Add Rs 88,085.89 Cr Mcap
HDFC, SBI, TCS, ICICI, ITC, HUL, Airtel and Bajaj Finance were the gainers. Meanwhile RIL and Infosys faced an erosion of Rs11,098 cr in valuation
Top-8 Most-Valued Firms Add Rs 88,085.89 Cr Mcap
New Delhi: The combined market valuation of eight of the top-10 most-valued firms climbed Rs 88,085.89 crore last week, with HDFC Bank leading the pack of gainers, in line with an optimistic trend in equities. Last week, the BSE benchmark gauge climbed 509.41 points, or 0.66 per cent.
From the top-10 pack, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, Hindustan Unilever, and ITC were the gainers, while Reliance Industries and Infosys faced erosion from their market valuation.
HDFC Bank added Rs 44,933.62 crore, taking its valuation to Rs 13,99,208.73 crore. The market capitalisation (mcap) of State Bank of India jumped Rs 16,599.79 crore to Rs 6,88,623.68 crore. The valuation of TCS rallied Rs 9,063.31 crore to Rs 13,04,121.56 crore while that of ICICI Bank was up Rs 5,140.15 crore to Rs 9,52,768.61 crore.
The mcap of ITC soared Rs 5,032.59 crore to Rs 5,12,828.63 crore and that of Hindustan Unilever climbed Rs 2,796.01 crore to Rs 5,30,854.90 crore. Bharti Airtel’s market valuation advanced Rs 2,651.48 crore to Rs 9,87,005.92 crore. The mcap of Bajaj Finance went up Rs 1,868.94 crore to Rs 5,54,715.12 crore.
