Five of Top 10 Cos Add Over 43-kcr in Market Cap
New Delhi: 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 (RIL), Tata Consultancy Services (TCS), HDFC Bank, Hindustan Unilever (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 soared ₹ 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.
In the ranking of top-10 firms, RIL once again became the number one firm on Friday, with TCS taking the second spot, followed by HDFC Bank, HUL, ITC, HDFC, Infosys, State Bank of India, ICICI Bank and Kotak Mahindra Bank.