Four of top ten most-valued firms together add ₹54,456 cr in m-cap

NEW DELHI: Four of the top-10 most-valued firms together added ₹54,456.69 crore in market capitalisation (m-cap) last week, with Reliance Industries Ltd (RIL) taking the lead as its valuation surged the most.

While RIL, Tata Consultancy Services (TCS), Hindustan Unilever Ltd (HUL) and Kotak Mahindra Bank were the gainers, HDFC Bank, ITC, HDFC, Infosys, SBI and ICICI Bank suffered losses in their valuation for the week ended Friday.

The m-cap of Reliance Industries Ltd soared ₹40,123.6 crore to ₹7,89,953.18 crore, making it the top gainer among the ten most-valued entities.

The valuation of TCS jumped ₹6,998.2 crore to ₹7,20,101.39 crore, and that of Kotak Mahindra Bank climbed ₹5,321.77 crore to ₹241,351.74 crore.

Hindustan Unilever added ₹2,013.12 crore to ₹3,79,462.96 crore in its m-cap.

On the other hand, ITC’S valuation slumped ₹14,512.6 crore to ₹3,41,995.13 crore.

The m-cap of HDFC Bank plunged ₹9,925.35 crore to ₹5,69,654.78 crore, and that of ICICI Bank dropped ₹9,528.29 crore to ₹2,30,019.68 crore.

State Bank of India (SBI) suffered an erosion of ₹8,879.96 crore to ₹2,54,573.86 crore and HDFC ₹5,235.79 crore to ₹3,40,042.64 crore.

The m-cap of Infosys dipped ₹349.49 crore to ₹3,18,998.67 crore.

In the ranking of top 10 firms, RIL was at number one place followed by Tata Consultancy Services, HDFC Bank, HUL, ITC, HDFC, Infosys, SBI, Kotak Mahindra Bank and ICICI Bank.

Over the last week, the BSE Sensex fell by 361.07 points to end at 36,025.54 on Friday.