Three of 10 Most Valued Cos Add 40,438 cr to Market Cap
Three of the 10 most valued companies added ₹ 40,438.6 crore to their combined market valuation last week, with TCS emerging as the biggest gainer. However, seven others such as Reliance Industries, HDFC Bank and ONGC suffered losses of total ₹ 15,665.1 crore in the week to Friday. Among the gainers, the market capitalisation (mcap) of TCS soared the most by ₹ 32,108.12 crore to ₹ 4,72,252.46 crore. The valuation of Infosys zoomed ₹ 7,602.89 crore to ₹ 2,22,355.73 crore and that of ITC by ₹ 727.57 crore to ₹ 3,31,103.56 crore on Friday. On the other hand, ONGC’s valuation plunged ₹ 9,689.09 crore to ₹ 2,48,194.77 crore.
In the ranking of top-10 firms, TCS led the chart followed by RIL, HDFC Bank, ITC, ONGC, Infosys, SBI, HDFC, CIL and Maruti. — PTI