• Deccan Chronicle
  • Andhra Bhoomi
  • Asian Age
  • ePaper
  •  Auto Refresh
Home

ePaper
Last Updated:11:52 AM IST | Saturday, Feb 04, 2023
  • Home
  • Politics, Plan And Policy
  • Markets
  • Companies
  • Economy
  • In Other News
  • Autos
  • Just In
Menu
  • Home
  • Politics, Plan And Policy
  • Markets
  • Companies
  • Economy
  • In Other News
  • Autos
  • Just In
Home > Companies > Five of top-10 most valued firms add Rs 56,877 crore in market valuation
Companies
Five of top-10 most valued firms add Rs 56,877 crore in market valuation
By  
PTI   , Published : Dec 8, 2019, 11:03 am IST | Updated : Dec 8, 2019, 11:03 am IST

Reliance Industries Limited (RIL), ICICI Bank, Kotak Mahindra Bank and Infosys were among the gainers.

The market capitalisation (m-cap) of TCS jumped Rs 26,360.5 crore to Rs 7,96,612.51 crore at close on Friday.
The market capitalisation (m-cap) of TCS jumped Rs 26,360.5 crore to Rs 7,96,612.51 crore at close on Friday.

New Delhi: Five of the 10 most valued firms added a total Rs 56,877.12 crore in market valuation last week, led by IT major Tata Consultancy Services (TCS).

The market capitalisation (m-cap) of TCS jumped Rs 26,360.5 crore to Rs 7,96,612.51 crore at close on Friday.

Reliance Industries Limited (RIL), ICICI Bank, Kotak Mahindra Bank and Infosys were among the gainers. HDFC Bank, HUL, HDFC, ITC and State Bank of India (SBI) suffered losses in their m-cap in the week ended on Friday.

Kotak Mahindra Bank's valuation climbed Rs 11,443.51 crore to Rs 3,19,864.26 crore and that of ICICI Bank by Rs 8,329.51 crore to Rs 3,39,341.06 crore.

The market cap of Infosys rose by Rs 8,176.24 crore to Rs 3,04,543.53 crore and of RIL by Rs 2,567.36 crore to Rs 9,85,707.52 crore.

Among losers, SBI was the worst hit with its market valuation dropping by Rs 19,678.8 crore to Rs 2,85,409.08 crore.

HDFC Bank's m-cap dropped by Rs 15,359 crore to Rs 6,82,367.73 crore and that of Housing Development Finance Corporation (HDFC) by Rs 5,521.67 crore to Rs 3,91,269.72 crore.

The valuation of ITC fell Rs 3,748.24 crore to Rs 2,98,998.76 crore and of Hindustan Unilever Limited (HUL) by Rs 2,294.7 crore to Rs 4,38,482.68 crore.

The list of 10 most valuable firms was topped by RIL followed by TCS, HDFC Bank, HUL, HDFC, ICICI Bank, Kotak Mahindra Bank, Infosys, ITC and SBI in that order.

Last week, the BSE 30-share index dropped 348.66 points or 0.85 per cent.

end-of
Tags: 
market valuation, market capitalisation, bse, sensex, tata consultancy services, reliance industries limited, icici bank, kotak mahindra bank, infosys
Location: 
India, Delhi, New Delhi
Latest From Companies
HUL CMD Sanjiv Mehta said the results show that the long-term structural opportunity of FMCG in India remains intact.

HUL Q1 net profit rises 5.7 pc to Rs 1,897 crore

The management of Radar has built and exited 3 different businesses themselves which helps the sensitise first time and even veteran entrepreneurs.

Radar India advisors scales a new high

The top seven cities of Delhi, Mumbai, Kolkata, Chennai, Hyderabad, Pune and Bengaluru accounted for 4.45 billion km.

Delhi sees more night trips than Bengaluru, Mumbai, says Ola

Most Popular

Mukesh Ambani 9th richest on Forbes' real-time billionaires list
Top credit card myths harmful for your financial well-being
Microsoft CEO Satya Nadella tops Fortune's Businessperson of the Year 2019
Employment growth slowed down in last two years: report
GST structure: key challenges and its solutions

Editor's Picks

Income tax e-filers drop by over 6.6 lakh in FY19: Official data
Swiping on your smartphone reveals a lot about you to your social media company
  • Read Financial Chronicle as it appears in print.
  • Subscribe, and get it delivered in the inbox everyday.
  • Politics, Plan And Policy
  • Markets
  • Companies
  • Economy
  • In Other News
  • Autos
  • Just In
  • Home
  • About Us
  • Contact Us
  • Terms of Service
  • Privacy Guidelines
  • Copyright © 2019 Financial Chronicle, All rights reserved
Developed & Maintained By Daksham