News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 7 years ago
Rediff.com  » Business » Top five cos add Rs 21,623 cr in market valuation

Top five cos add Rs 21,623 cr in market valuation

Source: PTI
September 18, 2016 12:58 IST
Get Rediff News in your Inbox:

In the top-10 ranking list of most valued companies, TCS stood at number one position followed by RIL, HDFC Bank, ITC, Infosys, HDFC, ONGC, CIL, SBI and HUL

The combined market valuation of five of the 10 most valued Indian firms rose by Rs 21,622.89 crore last week, with RIL emerging as the biggest gainer.

While TCS, RIL, HDFC Bank, ITC and Infosys saw rise in their market capitalisation (mcap) for the week ended Friday, HDFC, ONGC, CIL, SBI and HUL on the other hand suffered a loss of Rs 20,178.42 crore.

RIL's valuation surged Rs 10,361.72 crore to Rs 348,844.56 crore.

The mcap of Infosys soared Rs 5,593.06 crore to Rs 243,556.53 crore and ITC added Rs 2,056.94 crore to Rs 315,074.04 crore.

HDFC Bank's valuation jumped Rs 1,906.75 crore to Rs 330,007.07 crore and that of TCS rose by Rs 1,704.42 crore to Rs 465,247.59 crore.

In contrast, the Mcap of SBI slumped Rs 7,452.26 crore to Rs 197,485.05 crore and CIL plunged Rs 4,516.2 crore to Rs 205,281.84 crore.

HUL's valuation plummeted by Rs 3,895.69 crore to Rs 197,414.18 crore and of ONGC dipped by Rs 2,652.2 crore to Rs 214,999.47 crore.

HDFC fell by Rs 1,662.07 crore to Rs 221,664.95 crore.

In the top-10 ranking list of most valued companies, TCS stood at number one position followed by RIL, HDFC Bank, ITC, Infosys, HDFC, ONGC, CIL, SBI and HUL.

Over the past week, both the indices, Sensex and Nifty, slipped 198.22 points or 0.68 per cent and 86.85 points or 0.97 per cent, respectively.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
Related News: HDFC Bank, RIL, ONGC, TCS, ITC
 

Moneywiz Live!