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Rediff.com  » Business » Eight of top-10 firms added Rs 54,152 cr in m-cap

Eight of top-10 firms added Rs 54,152 cr in m-cap

Source: PTI
April 28, 2019 23:07 IST
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In the top 10 list, only HDFC Bank and HDFC suffered losses in their m-cap for the week ended Friday.

Eight of the 10 most valued Indian firms together added Rs 54,151.62 crore in market valuation last week, with IT heavyweight TCS accounting for the lion's share.

In the top 10 list, only HDFC Bank and HDFC suffered losses in their market capitalisation (m-cap) for the week ended Friday.

 

The m-cap of TCS jumped by Rs 34,822.13 crore to reach Rs 839,896.27 crore.

Infosys' valuation zoomed Rs 9,043.69 crore to Rs 322,033.94 crore.

The m-cap of RIL climbed Rs 5,419.63 crore to Rs 882,005.44 crore and that of ICICI Bank rose by Rs 1,627.51 crore to Rs 262,645.88 crore.

HUL added Rs 1,363.76 crore to stand at Rs 377,470.33 crore and SBI's valuation swelled by Rs 1,249.45 crore to Rs 278,715.62 crore.

The market cap of ITC went up by Rs 367.76 crore to Rs 373,459.21 crore and that of Kotak Mahindra Bank advanced Rs 257.69 crore to Rs 263,047.09 crore.

In contrast, HDFC's valuation plunged Rs 5,052.42 crore to Rs 339,906.42 crore and that of HDFC Bank declined by Rs 3,662.39 crore to Rs 620,015.67 crore.

In the ranking of top-10 firms, RIL remained at the number one position, followed by TCS, HDFC Bank, HUL, ITC, HDFC, Infosys, SBI, Kotak Mahindra Bank and ICICI Bank.

During the past week, the Sensex dropped 72 points, or 0.18 per cent to close at 39,067.33 on Friday.

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