Latest News | Seven of Top-10 Cos Add Rs 1.31 Lakh Cr in M-cap; HUL, TCS Lead Chart
Get latest articles and stories on Latest News at LatestLY. Seven of the 10 most valued domestic companies together added Rs 1,31,173.41 crore in market valuation last week, with HUL and TCS emerging as the biggest gainers.
New Delhi, Aug 22 (PTI) Seven of the 10 most valued domestic companies together added Rs 1,31,173.41 crore in market valuation last week, with HUL and TCS emerging as the biggest gainers.
Reliance Industries, Infosys, HDFC, Bajaj Finance and Wipro also saw a rise in their market valuations, while HDFC Bank, ICICI Bank and SBI suffered losses.
The market capitalisation (m-cap) of Hindustan Unilever Limited (HUL) zoomed Rs 50,234.21 crore to Rs 6,15,016.63 crore.
The valuation of Tata Consultancy Services (TCS) jumped Rs 35,344.44 crore to reach Rs 13,15,919.03 crore.
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Bajaj Finance added Rs 30,442.29 crore to its valuation to stand at Rs 4,01,782.58 crore, while Infosys gained Rs 8,335.27 crore to reach Rs 7,34,755.12 crore.
The valuation of HDFC went up by Rs 3,512.87 crore to Rs 4,91,729.99 crore and that of Wipro climbed Rs 2,385.11 crore to Rs 3,39,632.11 crore.
Reliance Industries added Rs 919.22 crore, taking its valuation to Rs 13,60,571.28 crore.
In contrast, SBI's valuation dropped Rs 21,776.05 crore to Rs 3,63,187.07 crore.
The valuation of ICICI Bank eroded by Rs 16,854.73 crore to Rs 4,71,497.28 crore and that of HDFC Bank dipped Rs 5,947.03 crore to reach Rs 8,37,756.50 crore.
Reliance Industries Limited maintained its position as the most valued Indian company, followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, Bajaj Finance, State Bank of India (SBI) and Wipro.
During the previous holiday-shortened week, the 30-share BSE benchmark Sensex declined 107.97 points or 0.19 per cent.
(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)