Four of 10 most valued companies add Rs 76,959 crore in m-cap
Last week four of the 10 most valued companies together added Rs 76,959.69 crore in market valuation, with Tata Consultancy Services (TCS) stealing the show with the maximum gain. From the top-10 pack, TCS, Reliance Industries Ltd (RIL), HDFC Bank and Infosys saw gains in their market capitalisation (m-cap) for the week ended Friday, while, ITC, HUL, HDFC, SBI, ONGC and Maruti Suzuki India suffered losses. Over the last week, the Sensex lost 614.46 points, or 1.67 per cent, to end at 36,227.14.
Four of the 10 most valued companies together added Rs 76,959.69 crore in market valuation last week, with Tata Consultancy Services (TCS) stealing the show with the maximum gain. The m-cap of TCS soared by Rs 30,896.6 crore to Rs 8,36,352.25 crore. Image Source: TCS Website
From the top-10 pack, TCS, Reliance Industries Ltd (RIL), HDFC Bank and Infosys saw gains in their market capitalisation (m-cap) for the week ended Friday, while, ITC, HUL, HDFC, SBI, ONGC and Maruti Suzuki India suffered losses. Image Source: Reuters
The cumulative gains of TCS, RIL, HDFC Bank and Infosys were higher than the total loss suffered by the six firms which stood at Rs 53,768.3 crore. The m-cap of Infosys went up by Rs 9,413.87 crore to Rs 3,17,952.76 crore. Image Source: Infosys Website
The m-cap of SBI eroded by Rs 4,506.92 crore to Rs 2,36,501.57 crore and that of ONGC dropped Rs 3,657.48 crore to Rs 2,27,469.09 crore. Hindustan Unilever Ltd (HUL) suffered an erosion of Rs 3,029.82 crore to Rs 3,47,999.79 crore. Image Source: Reuters
RIL's valuation surged Rs 26,209.45 crore to Rs 7,97,502.56 crore and that of HDFC Bank jumped Rs 10,439.77 crore to Rs 5,44,970.44 crore. Image Source: Reuters
In contrast, the m-cap of Maruti Suzuki slumped Rs 20,813.31 crore to Rs 2,22,045.46 crore. Image Source: Reuters
HDFC's valuation tumbled Rs 13,451.36 crore to Rs 2,97,333.08 crore and that of ITC dived Rs 8,309.41 crore to Rs 3,63,217.61 crore. Image Source: Reuters
In the ranking of top-10 firms, TCS stood at number one position, followed by RIL, HDFC Bank, ITC, HUL, Infosys, HDFC, State Bank of India (SBI), ONGC and Maruti Suzuki. Over the last week, the Sensex lost 614.46 points, or 1.67 per cent, to end at 36,227.14. Image Source: Reuters