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The top eight Sensex companies, led by energy major ONGC, added a whopping ₹1,46,741 crore to their market valuation last week.
Amid a strong stock market where the benchmark Sensex gained 4.87 per cent or 1,179.12 points last week, eight companies from the top-10 list of India’s most valuable firms saw surge in their market capitalisation (m-cap), including RIL, CIL, SBI and L&T.
ONGC was the star performer among the top-10 firms as its m-cap zoomed ₹73,363.33 crore to ₹3,96,974.74 crore.
During the week, shares of the State-owned firm jumped 22.67 per cent.
The market value of RIL soared by ₹17,731.12 crore to ₹3,62,015.53 crore, while that of SBI skyrocketed ₹14,203.56 crore to ₹2,03,974.97 crore.
Larsen & Toubro’s m-cap advanced by ₹12,965.17 crore to ₹1,56,611.55 crore and CIL added ₹12,537.99 crore to ₹2,46,969.85 crore.
Similarly, ICICI Bank’s market value surged ₹7,364.98 crore to ₹1,71,292.04 crore and that of HDFC Bank rose by ₹5,227.31 crore to ₹1,96,215.21 crore.
Infosys’ m-cap went up by ₹3,347.8 crore to ₹1,72,259.37 crore.
In contrast, TCS lost ₹11,781.75 crore to ₹4,08,208.70 crore from its m-cap and ITC’s value plunged ₹3,618.7 crore to ₹2,67,982.50 crore.
In the ranking of top-10 firms, TCS stood at number one position followed by ONGC, RIL, ITC, CIL, SBI, HDFC Bank, Infosys, ICICI Bank and Larsen.
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