Nine of top-10 firms add ₹2.12 lakh cr in m-cap; HDFC Bank tops chart

Market


Nine of the 10 most valued firms together added over 2.12 lakh crore in their market valuation last week, with HDFC Bank and TCS emerging as the lead gainers.

Last week, the 30-share BSE benchmark jumped 844.68 points or 1.38 per cent.

The stock markets were closed on Tuesday for Guru Nanak Jayanti.

From the top-10 pack, Hindustan Unilever Ltd (HUL) was the only laggard.

The top 9 firms added a total of 2,12,478.82 crore to their market valuation last week.

Among the winners, HDFC Bank added 63,462.58 crore, taking its valuation to 8,97,980.25 crore.

Tata Consultancy Services’ valuation jumped 36,517.34 crore to reach 12,13,378.03 crore.

The market valuation of HDFC advanced 29,422.52 crore to 4,81,818.83 crore and that of Reliance Industries climbed 26,317.30 crore to 17,80,206.22 crore.

The market capitalisation (m-cap) of Infosys rose by 23,626.96 crore to 6,60,650.10 crore and Adani Enterprises surged by 20,103.92 crore to 4,56,992.25 crore.

State Bank of India’s valuation increased by 6,559.59 crore to 5,36,458.41 crore and that of Bharti Airtel advanced by 5,591.05 crore to 4,59,773.28 crore.

The m-cap of ICICI Bank moved up by 877.56 crore to 6,32,192.05 crore.

However, the market valuation of Hindustan Unilever declined by 3,912.07 crore to 5,88,220.17 crore.

In the ranking of top 10 firms, Reliance Industries emerged as the most valued company, followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC, Bharti Airtel and Adani Enterprises. 

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