Eight of top-10 firms add ₹80,943 cr in m-cap; RIL leads

PTI | Updated on October 13, 2019 Published on October 13, 2019

New Delhi, October 13 Eight of the ten most valued domestic companies together added ₹80,943.32 crore in market capitalisation last week, with RIL taking the pole position.

Only Tata Consultancy Services (TCS) and ITC from the top-10 pack suffered losses in their market capitalisation (m-cap) for the week ended Friday.

The m-cap of Reliance Industries Ltd (RIL) zoomed ₹28,494.36 crore to ₹8,57,303.03 crore, the most among the frontline entities.

The valuation of Hindustan Unilever Limited (HUL) jumped ₹13,216.18 crore to ₹4,33,990.70 crore, and that of Infosys climbed ₹9,642.37 crore to ₹3,50,346.61 crore.

The market cap of ICICI Bank advanced ₹9,471.91 crore to ₹2,76,737.23 crore and that of HDFC rose by ₹5,723.98 crore to ₹3,47,073.31 crore.

Likewise, HDFC Bank added ₹5,251.94 crore to its valuation to reach ₹6,55,698.41 crore, while Kotak Mahindra Bank’s m-cap soared ₹4,918.32 crore to ₹3,03,331.59 crore.

Bajaj Finance’s valuation went up by ₹4,224.26 crore to ₹2,30,533.63 crore.

In contrast, the m-cap of TCS dropped ₹34,371.9 crore to ₹7,45,617.60 crore, and that of ITC tumbled ₹16,156.7 crore to ₹2,99,913.23 crore.

In the top-10 ranking, RIL was placed at the numero uno position, followed by TCS, HDFC Bank, HUL, Infosys, HDFC, Kotak Mahindra Bank , ITC, ICICI Bank and Bajaj Finance.

During the last week, the BSE Sensex advanced 453.77 points or 1.20 per cent.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on October 13, 2019
This article is closed for comments.
Please Email the Editor