5 of top 10 most-valued cos add ₹43,689 cr in m-cap

Five of the top-10 most valued firms together added ₹43,689.89 crore in market valuation last week, with ITC and Infosys contributing most to the overall gain. Gainers from the top-10 list are ITC, HDFC, Infosys, SBI and ICICI Bank; while Reliance Industries Ltd (RIL), TCS, HDFC Bank, HUL and Kotak Mahindra Bank suffered losses in their market capitalisation (m-cap) for the week ended Friday. The m-cap of ITC soared ₹17,941.73 crore to ₹3,61,773.90 crore and that of Infosys jumped ₹10,026.05 crore to ₹2,98,684.46 crore. ICICI Bank’s valuation zoomed ₹8,378.07 crore to ₹2,43,822.14 crore and that of SBI jumped ₹4,506.92 crore to ₹2,70,013.40 crore. The m-cap of HDFC moved up by ₹2,837.12 crore to ₹3,41,770.70 crore. On the other hand, the valuation of Tata Consultancy Services (TCS) slumped ₹12,007.63 crore to ₹6,91,170.50 crore. Kotak Mahindra Bank’s m-cap fell ₹4,829.04 crore to ₹2,32,958.82 crore and that of Hindustan Unilever Ltd (HUL) dropped ₹2,575.93 crore to ₹3,82,785.70 crore. HDFC Bank’s valuation dipped ₹1,522.93 crore to ₹5,74,399.48 crore and that of RIL fell ₹728.93 crore to ₹6,95,910.71 crore.