Latest News | M-cap of Nine of Top-10 Most-valued Firms Jump over Rs 1.11 Lakh Cr
Get latest articles and stories on Latest News at LatestLY. Nine of the top-10 most-valued firms together added Rs 1,11,012.63 crore in market valuation last week, with Tata Consultancy Services and HDFC Bank emerging as the biggest gainers.
New Delhi, Jan 2 (PTI) Nine of the top-10 most-valued firms together added Rs 1,11,012.63 crore in market valuation last week, with Tata Consultancy Services and HDFC Bank emerging as the biggest gainers.
Reliance Industries Ltd was the only laggard from the top-10 list.
The valuation of Tata Consultancy Services jumped Rs 24,635.68 crore to reach Rs 13,82,280.01 crore.
HDFC Bank's market valuation gained Rs 22,554.33 crore to Rs 8,20,164.27 crore.
The valuation of Hindustan Unilever Ltd zoomed Rs 14,391.25 crore to Rs 5,54,444.80 crore and that of Infosys went up by Rs 10,934.61 crore to Rs 7,94,714.60 crore.
The market capitalisation (m-cap) of HDFC surged Rs 9,641.77 crore to Rs 4,68,480.66 crore and that of Wipro gained Rs 9,164.13 crore to Rs 3,92,021.38 crore.
ICICI Bank added Rs 8,902.89 crore taking its valuation to Rs 5,13,973.22 crore.
The valuation of Bajaj Finance soared Rs 7,575.11 crore to Rs 4,21,121.74 crore and that of State Bank of India rose Rs 3,212.86 crore to Rs 4,10,933.74 crore.
In contrast, Reliance Industries Ltd's valuation dipped Rs 2,772.49 crore to Rs 16,01,382.07 crore.
Reliance Industries Ltd was leading the chart of the most-valued domestic firm, followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, ICICI Bank, HDFC, Bajaj Finance, State Bank of India and Wipro.
In the past week, the benchmark gained 1,129.51 points or 1.97 per cent. HRS hrs
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)